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ABFRL to raise Rs 2500 crore after demerging Madura business into new separate listed entity Aditya Birla Lifestyle Brands, ET Retail

ABFRL plans to raise Rs 2500 crore by splitting its retail business, creating ABLBL with brands like Louis Phillippe, Peter England, and Sabyasachi. The demerger aims to unlock value and support growth through equity raise.

ABFRL to raise Rs 2500 crore after dermerging Madura business into new separate listed entity Aditya Birla Lifestyle Brands

ABFRL plans to raise Rs 2500 crore by splitting its retail business, creating ABLBL with brands like Louis Phillippe, Peter England, and Sabyasachi. The demerger aims to unlock value and support growth through equity raise.

Bottomline: D2C label Bewakoof yet to recover from Covid crash despite Birla backing

Direct-to-consumer (D2C) fashion brand Bewakoof Brands Pvt. Ltd, which was acquired by TMRW, a wholly owned unit of Aditya Birla Fashion and Retail Ltd (ABFRL), ..

Sabya s 100-year Strategy to create a Legacy brand: BT Magazine Interview with ace designer Sabyasachi Mukherjee

Sabyasachi Mukherjee Interview with BT Magazine: From Sabyasachi s bridal designs, jewellery to partnership with Aditya Birla Group, know all about Sabya’s 100-year strategy to create a legacy brand.

Muthoot Finance Q2 Profit Up, Zee Entertainment Revenue Rises — Earnings Wrap

Muthoot Finance Ltd.'s second quarter profit rose, though it missed analysts' estimates. The lender's standalone net profit rose 14.3% year-on-year to Rs 991 crore in the quarter ended September, according to an exchange filing. Analysts polled by Bloomberg had estimated a standalone net profit of Rs 1,057.8 crore.

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