Aditya Birla

/Tag: Aditya Birla

Flipkart to buy 8% stake in Aditya Birla’s fashion unit for $204 million

2020-10-23T14:15:20+00:00October 23rd, 2020|India Inc Views - India Global Business, News in Brief|

Walmart Inc's Flipkart will buy a 7.8% stake in Aditya Birla Fashion and Retail Ltd for 15 billion rupees ($204 million), giving the ecommerce company a bigger foothold in the high-margin fashion business as it battles it out with rival Amazon.com in the country.

Evolution pains

2018-12-05T11:08:37+00:00November 18th, 2016|2016, India Investment Journal November Edition, More From This Edition, Year|

India Inc. property expert reviews the recent trends in the Indian realty sector to highlight that it would be wise to go along with the current phase of transformation rather than resist change. There was a drought in property sales that was carried forward from 2015 into the early half of the year. When sales just started picking up, came the liquidity squeeze which was a corollary to the government scheme that offered amnesty to tax dodgers. If that was [...]