C K Birla Group

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  Hindustan Motors Sells Iconic Ambassador Car Brand To Peugeot For Rs. 80 Crore

  Hindustan Motors has sold the iconic Ambassador car brand to European auto major Peugeot for Rs. 80 crore. Interestingly, Peugeot is gearing up to foray into the Indian car market and is will use Hindustan Motors' existing manufacturing facility in Tamil Nadu. It must be noted that the automotive company Peugeot SA has already signed an agreement w...

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  Orient Paper To Demerge Consumer Electric Division

  The demerged firm will issue one share of Rs 1 each for every share held in Orient Paper and Industries.

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  Orient Paper To Demerge Consumer Electric Business, Shares Fall

  Shares of Orient Paper fell as much as 3 per cent to hit intraday low of Rs 77.20 after C K Birla Group firm Orient Paper and Industries Limited (OPIL) post the market hours on Thursday said it will demerge its consumer electric division.

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  Orient Paper To Demerge Consumer Electric Business

  C K Birla Group firm Orient Paperand Industries Limited (OPIL) on Thursday said it will demerge its consumer electric division.

• Orient Cement Posts 8 Per Cent Drop in Q1 Net

  Orient Cement, part of $1.6-billion diversified C K Birla Group, on Friday reported an 8 per cent decline in net profit at Rs 34 crore for the first quarter that ended on June 30, 2014-15.

• Jhunjhunwala Buys 17.10 Lakh Orient Cement Shares

  Ace investor Rakesh Radheyshyam Jhunjhunwala on Thursday picked up 17.1 lakh shares in Orient Cement through an open market transaction.

• Hindustan Motors seeks investors' nod for Tiruvallur plant sale

  Observing that the business of the company was under "strain", C K Birla Group company Hindustan Motors has sought shareholders approval through a postal ballot for about Rs 150 crore by means of sale or through lease of its Tiruvallur car plant situated near city.

• Hindustan Motors prices new Ambassador Encore under Rs 5 lakh

  Bookings for the vehicle named Ambassador Encore will begin from tomorrow, the company said in a statement.

• National Engineering Industries talks to acquire a foreign firm in advanced stages

  C K Birla Group firm National Engineering Industries (NEI) is in advanced stages to make an overseas acquisition for which it has earmarked up to USD 50 million, a senior company official said.