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The Latest Breaking News from Grasim

Grasim eyes Rs 2 lakh crore revenue in FY27 as growth platforms scale up: KM Birla

Grasim Industries anticipates reaching Rs 2 lakh crore revenue by FY27. This growth stems from its diverse businesses including cement and financial services. UltraTech Cement capacity has surpassed 200 million tonnes per annum. Birla Opus paints business secured a significant market share within two years.

The Economic Times

SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim Industries

The Supreme Court upheld an NCLAT order concerning Grasim Industries. This decision set aside a significant penalty previously imposed by the CCI. The fair trade regulator must now rehear the Aditya Birla Group firm's case. The NCLAT found that Grasim was not given a proper opportunity to present arguments. The…

The Economic Times

Grasim invested Rs 74,000 cr as capex in last 5 years: Kumar Mangalam Birla

Grasim Industries invested Rs 74,000 crore in capital expenditure over five years. This outlay shows confidence in long-term demand and India's growth potential. The company achieved its highest-ever consolidated revenue of Rs 1,75,431 crore. Its paints venture, Birla Opus, is now the number three player. UltraTech Cement became the world's…

The Economic Times

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Grasim shares in focus after subsidiary acquires Solenergi Power from Shell in $1.8 billion deal

Grasim Industries' renewable energy arm will acquire Solenergi Power from Shell. This acquisition significantly expands its clean energy portfolio to 9.4 GW. The deal, valued at Rs 17,200 crore, is expected to close by 2026. Funding will come from debt, equity, and an investment by Global Infrastructure Partners. The combined…

The Economic Times

Grasim to invest Rs 3,094 crore to expand Lyocell capacity in Karnataka

Grasim Industries will invest Rs 3,094 crore to expand its Lyocell capacity in Harihar, Karnataka. This expansion will add 110K TPA, with commissioning expected by 2028 and 2030. Upon completion, Grasim's total Lyocell capacity will reach nearly 210K TPA. This move supports growing global demand for sustainable textile materials and…

The Economic Times

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Kumar Mangalam Birla

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The Competition Commission of India

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UltraTech Cement

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the Aditya Birla Group

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