The Aditya Birla Group’s retail store enterprise – Madura Fashion & Lifestyle – is one of the strongest developing brand clothes corporations throughout The Indian subcontinent. Global marketing involves models like Van Heusen, Allen Solly, Peter England and Louis Philippe. Madura Fashion & Lifestyle has 1607 shops, covering 2.2 sq. ft. connected with retail store room. It has 1,500 premium multi-brand shops along with 320+ departmental shops worldwide. The company outsources engineering, textiles and apparel.
Idea Cellular was started as a joint venture with the AT&T and the Tata Group. After an IPO on the Indian stock markets, Idea Cellular now accounts for a third of the group's market capitalisation. The company is headquartered in Mumbai. On 31 August 2018 Idea Cellular completed its merger with Vodafone India and thereby became largest telecom company in terms of subscribers and revenue, surpassing Airtel
Aditya Birla Capital (ABC) is the umbrella brand for all the financial services business of The Aditya Birla Group. Aditya Birla Capital is the holding company for Aditya Birla Finance Limited, Aditya Birla Health Insurance Limited, Aditya Birla Housing Finance Limited, Aditya Birla Insurance Brokers Limited, Aditya Birla Money, Aditya Birla Myuniverse Limited, Aditya Birla PE Advisors Limited, Aditya Birla Sun Life Asset Management Company, Aditya Birla Sun Life Insurance, Aditya Birla Sun Life Mutual Fund, Aditya Birla Sun Life Pension Management Limited and Aditya Birla Asset Reconstruction Company Limited. ABFSG ranks among the top 5 fund managers in India (including LIC) with an AUM of US$23 billion.[citation needed] Having a strong presence across the life insurance, asset management, lending (excluding Housing), housing finance, equity & commodity broking, wealth management and distribution, online money management portal—Aditya Birla Money MyUniverse, general insurance advisory and private equity and health insurance businesses. In FY 2013–14, ABFSG reported consolidated revenue from these businesses at just under ₹70 billion (US$1.0 billion) and profits of about ₹7.5 billion(US$110 million).[citation needed] The financial services arm of the group is currently headed by Ajay Srinivasan.
The Group's non-ferrous metals' business is under Hindalco Industries. Its manufacturing locations are primarily in India and it owns mines in Great Sandy Desert, Australia near Nifty Airport called Birla Nifty Copper Operation (Nifty Copper Mine). On 11 February 2007, the company entered into an agreement to acquire the Canadian company Novelis for US$6 billion, making the combined entity the world's largest rolled-aluminium producer. On 15 May 2007, the acquisition was completed with Novelis shareholders receiving $44.93 per outstanding share of common stock. The Group plans to close a part of its aluminium foil making mill in UK and shift that to its plant near Nagpur.
Hindalco makes alumina chemicals, primary aluminium, rolled products, alloy wheels, roofing sheets, wire rods, cast copper rods, copper cathodes and several other products.
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