Corporate Grapevine

Published: Mar 15, 2022
Updated: Mar 15, 2022

Birla loses yen for new biz, back to old biz

After losing a lot of money in online and offline retailing and telecommunications, the Aditya Birla group is going back to the traditional businesses to show growth. As per insiders, real estate will be the next big area investment by the group and it will be developing Century Textiles land in Mumbai and outside.

Century recently sold 150 apartments worth Rs 1,000 crore in its Central Mumbai residential tower which will be ready in five years. The residential tower will be constructed at Century’s Textiles’ Mumbai plant, adjacent to the commercial building already at the site.

February 15, 2025 - First Issue

Industry Review

VOL XVI - 10
February 01-15, 2025

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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