Lisst of companies owned by aditya birla group.

Aditya Birla Group of Companies
Aditya Birla Chemicals (India) Limited
Aditya Birla Chemicals (Thailand)
Limited
Aditya Birla Financial Services Group
(ABFSG)
Birla Sun Life Insurance
Birla Sun Life Asset Management
Company Ltd.
Aditya Birla Finance Limited
Aditya Birla Money Limited
Aditya Birla Insurance Brokers
Aditya Birla Capital Advisors Private
Limited
Aditya Birla Minerals
Aditya Birla Nuvo Limited
Aditya Birla Retail
Aditya Birla Science and Technology
Company Limited
Alexandria Carbon Black Company SAE
Alexandria Fiber Company SAE
Birla Jingwei Fibres Company Limited
Birla Laos Pulp and Plantations
Company Limited
Dahej Harbour & Infrastructure Limited
Hindalco industries
Domsjö Fabriker
Essel Mining and Industries
Grasim Industries Limited
Idea Cellular Limited
Indo Phil Cotton Mills
Indo Phil Textile Mills
Indo Thai Synthetics
Liaoning Birla Carbon Company Limited
Louis Phillipe
Novelis Inc.
Pan Century Surfactants Inc.
Peter England
People
PT Elegant Textile Industry
PT Indo Bharat Rayon
PT Indo Liberty Textiles
PT Indo Raya Kimia
PT Sunrise Bumi Textiles
Swiss Singapore Overseas Enterprises
Pte Limited
Thai Acrylic Fibre
Thai Carbon Black
Thai Rayon
UltraTech Cement Limited
Utkal Alumina International Limited
Pantaloons Fashion & Retail

Future Group sells 8.7% stake in Pantaloon Fashion Retail

Future Group has sold over half of its
remaining stake in Pantaloon Fashion &
Retail Ltd through a secondary market
transaction on Thursday for Rs 134 crore
($21 million). Stock exchange data shows
the shares were acquired by a couple of
mutual funds.
Three years ago Future Group had spun
out its apparel retail business from its
flagship company Pantaloon Retail (now
Future Retail) as a separate listed firm
and sold a majority stake in the venture to
Aditya Birla Nuvo, one of the largest
branded fashion apparel players in the
country.
Pantaloons format business had 65 stores
and 21 factory outlets across 35 cities
covering total retail space of over 2
million sqft. The firm Pantaloon Fashion &
Retail, now majority owned by Aditya Birla
Group, is now among the top three large
format fashion stores in the country and
the top player in the women’s wear
segment. It has scaled up its presence
and as of March 22015 had 104 stores
and 30 factory outlets in 49 cities.
As of March 31, 2015, Future Group held
a little over 17 per cent stake in
Pantaloon Fashion & Retail and has sold
over half of this on Thursday.
This comes at a time when the Aditya
Birla Group is consolidating its branded
apparel business under Pantaloons
Fashion & Retail which would then be
renamed as Aditya Birla Fashion & Retail,
creating India’s top branded clothing
company by revenues and number of
sales outlets.
Currently, the business is housed under
separate subsidiaries and business units
of Aditya Birla Nuvo Ltd, a diversified
public listed firm of the group.
This is spread across branded apparel
with the group’s own brands such as
Louis Philippe, Van Heusen, Peter England
and Allen Solly (housed under Madura
Fashion, a unit of ABNL); luxury branded
apparel with international labels and retail
outlets for Madura Fashion brands (part
of Madura Lifestyle, a part of Madura
Garments Lifestyle Retail Co Ltd, which is
a subsidiary of ABNL) and a lifestyle
department chain focused on apparel
(Pantaloons Fashion and Retail, acquired
from Future Group).
As part of the corporate rejig, it will bring
all of this under Pantaloons Fashion and
Retail. Madura Fashion and Madura
Lifestyle together generated sales of Rs
3,645 crore with EBITDA of Rs 443 crore,
while Pantaloons Fashion clocked
revenues of Rs 1,801 crore with EBITDA
of RS 62 crore for the 12 months ended
December 31, 2014.
Madura Fashion and Madura Lifestyle
have 1,735 exclusive outlets and over
6,000 additional points of sale as on
March 31, 2015. Madura Fashion is the
top menswear company in the country
with Louis Philippe and Van Heusen as
the two top selling brands in their
category. Madura Lifestyle sells
international labels under The Collective
and Madura Fashion brands under the
retail format Planet Fashion.

Kovai Medical Centre and Hospital will set up a 300-bed facility in Chennai, said its chairman Dr Nalla G Palaniswami

Kovai Medical Centre and
Hospital will set up a 300-bed facility in
Chennai, said its chairman Dr Nalla G
Palaniswami on Sunday.
The Rs 300-crore hospital will come on a
three-acre land at Sholinganallur in
Chennai, and it would be ready by end of
2016, Palaniswami said while speaking on
the occasion of the silver jubilee
celebrations of KMCH.
“We also plan to set up smaller hospitals
at Sulur, Salem, Mettupalayam, Karur and
Palakkad (in Kerala),” he said. “Each of
them will have 100 to 120 beds.”
“The hospital which began to function
here with just 200 beds on June 24, 1990,
has now grown to a 1,000 bed super
speciality facility,” he said.
Kerala Governor and former Supreme
Court chief justice P Sathasivam was the
chief guest at the event. Justice
Sathasivam asked gynaecologists, genetic
specialists and scan specialists to stick to
the Indian law of not using advanced
facilities for determination of sex of the
unborn fetus. “I would like to again remind
doctors about the provisions of the
Prenatal Diagnostic Techniques Act 1994
which prohibits the determination of sex
of the unborn fetus or disclosing it to the
parents,” he said.
He also advised doctors not to misuse
their right of being the only competent
authority to issue the disability certificate
to disabled people.
“I would also like to remind you about the
Persons with Disabilities Act, 1995, which
allows only doctors to issue a disability
certificate. So they should be careful
about the information they disclose on the
certificate,” he added.

Avoid these 5 common mistake by investors

In life, everyone makes mistakes. And it is
extremely evident and specifically true
when it comes to investment decisions, as
there is always an element of uncertainty
involved. With all of the historical data
and experience we possess, there is still
no computer program or individual that
will get investment decisions ‘spot on’ all
the time and after every bull run and a
bear market we are all the more wiser.
Herein, we would like to highlight some
common mistakes made by investors and
we are sure as we go by, we will learn
from some newer mistakes in future.
Being impatient and emotional: PATIENCE!
PATIENCE! And more PATIENCE! This is
the key to investing. And along with
patience, a lot of control on emotions.
The one who masters this is the one who
makes money.
Chart pasted below shows the journey of
emotions that one may have gone through
and how an investment of Rs. 1 lakh in
equities would have grown or benefited
you if you had held on to it for a long
period of time.
From the above chart, it is very clear that
patience pays and successful investing
decisions are made rationally rather than
emotionally.
Debt for the long-term and equity for the
short-term: Investors are comfortable in
PPF (15 years); tax-free bonds (10-15
years); fixed deposits (5 years). But the
moment we talk of investment in equity,
the investor’s time horizon is one month
to a year and the moment the price drops,
panic sets in. Actually, in reality it should
be the other way around – long term
investments should go into equities and
short term investments into debt.
Selling winners and holding losers: No
one likes to make a loss but sometimes it
makes sense to book a loss rather than
continue with the decision. It is not
possible to make profits in equity all the
time. The key to investment is to have
more winners thanlosers. However, a
majority of the time investors hold on to
losers and sell winners. A classic case is
that of Kingfisher Airlines. The stock price
was at a high of Rs 73 in 2009 and last
traded closer to Re. 1 in June 2015. There
would be umpteen investors holding this
stock hoping that it will reach their
purchase price.
Buying equity on herd mentality: A
majority of investors buy equities just
because a friend recommends it or based
on a media report. Many would not even
be aware of what the company does. We
do not understand anything about
mobiles, clothes, cars, etc. However, we
always do some research before buying.
In fact, even for a simple bank deposit or
company fixed deposit, we check what the
interest rates are offered on a number of
similar products and then invest. However,
in the case of equity, we just follow
blindly what a friend or the media states.
Ignoring inflation and taxation: These two
go hand in hand and are the most
important factors which we need to
consider in any investment. Firstly, our
focus should be on the post–tax returns.
It is extremely relevant for investors who
are in the highest tax slab. Secondly, the
focus should be on to earn Real Returns
[Actual Return (post-tax) less Inflation].
For example, if you invest in a bank fixed
deposit which returns 9% and assuming
inflation is 8%, your real return could vary
from -1.7% to 0.1%, depending on the
tax-bracket you fall under.
Bottom Line: Investing mistakes are a part
and parcel of the investment process.
Knowing what they are, when you’re
committing them and how to avoid them
should help you to succeed as an
investor. To avoid committing them,
develop a well-thought out, systematic
plan and stick to it.

ndia’s packaging industry is growing constantly average annual growth rate is about13-15%

Container Glass Segment Container glass plays a critical role in the packaging industry. Sectors using container glass include liquor and beer segment, food and beverages, the pharma industry as well as the cosmetics industry and perfumeries. Growth in per capita income, changing lifestyle patterns and focus on health awareness are some of the key drivers of this product segment.
Increasing competition, necessity for labelling of quality, quantity and price of goods according to government approved norms and preferences for packaged goods are some of the factors that have resulted in innovation and introduction of technology in the packaging market.According to TechNavio, the global container and packaging giant, the market is expected to grow at a CAGR of 6.87% over the period 2014-19. India’s packaging industry is growing constantly and the total worth is about US$ 8.7 billion. The average annual growth rate is about13-15%.

India has the potential to become the world’s largest middle class consumer market with total consumer spend of nearly US$ 13 trillion by 2030

Urbanisation and rise in middle class The movement of population to town and cities for jobs is resulting in urbanisation. By 2025, India will have six megacities, accommodating a population of 10 million or more. As per estimates, India will have 63 cities with a population of one million or more, compared to 43 cities in 2011(Source: PwC). Increasing urbanisation and awareness for basic
sanitation will create more demand for sanitaryware in the coming years.India has the potential to become the world’s largest middle class consumer market with total consumer spend of nearly US$ 13 trillion by 2030 (Source: Deloitte report titled ‘India matters: Winning in growth markets’). This segment is embracing international lifestyles, translating into a surge in for modern amenities.

India’s sanitaryware industry expected to grow at a CAGR of 12% till 2017

India’s sanitaryware industry grew at a compound annual growth rate (CAGR) of 18.1% in 2010-14. The industry size is estimated to be around ` 35 billion in 2015 and is expected to grow at a CAGR
of 12% till 2017. The organised market will grow at a higher rate of 14-15% owing to the increasing number of foreign players, rising urbanisation and growing demand for premium range of products

Indian pharmaceutical industry has been consistently growing at a CAGR of more than 15% over the last five years

The Indian pharmaceutical industry has been consistently growing at a CAGR of more than 15% over the last five years. The encouraging growth reveals the intrinsic strengths of the industry and the improving healthcare standards in the country. The major industry drivers comprise the following: the rise of a large number of product processing units, formulations, bulk drugs and other related industries that have catalysed the growth of packaging sector. Besides, many of them are implementing advanced packaging technology to ensure protection, quality and a long shelf life of products. In addition, changing lifestyles and the increasing occurrence of chronic diseases will reinforce the demand for healthcare products and services, and thus encourage growth in the healthcare packaging market.

Indian Companies raise Rs 11,000 crore via rights issue in FY 15

Fund raising through rights issue has crossed Rs 11,000 crore mark this year, indicating growing traction among domestic firms to mop up capital via this route. 

This is much higher than about Rs 5,224 crore garnered via issuing ‘rights’ shares in the entire 2014. 

Market experts say that fund raising through this route is likely to go up further as many firms have lined up plans for rights issue, where shares are issued to existing investors at a pre-determined price, normally at a discount, in proportion to their holdings. 

As per an analysis of capital raised through this route, a total of seven firms have raked in Rs 11,535 crore so far this year (January-July). Most of the funds were for expansion and to support working capital requirements. 

The largest rights issue was from Tata Motors that raked in Rs 7,498 crore followed by Future Retail (Rs 1,589 crore), GMR Infrastructure (Rs 1,402 crore), State Bank of Travancore (Rs 474 crore), Can Fin Homes (Rs 276 crore), Zee Media Corp (Rs 195 crore) and Vascon Engineers (Rs 100 crore). 

According to market analysts, a positive outlook for equities and availability of capital have opened this window for the companies to mop up fresh funds from issuing ‘rights’ shares. 

There was a huge gap between the capital raised through rights issue and funds garnered via IPO routes. A total of Rs 4,000 crore has been mopped up via initial public offerings (IPOs) so far this year.

Future Retail plans to raise up to Rs 1,500 crore

Future Retail plans to raise
up to Rs 1,500 crore through debt
instruments to replace high cost loans
and to invest on brand building and
marketing.
The company is seeking approval from its
shareholders for the proposal of raising
up to Rs 1,500 crore through issue of
non-convertible debentures on private
placement basis, Future Retail said in a
filing to the BSE .
“The amount to be raised by the way of
issuing non-convertible debentures on a
private placement basis however shall not
exceed Rs 1,500 crore in aggregate,” the
filing said.
Explaining the rationale behind the move,
the company said: “With overall reduction
in base lending rate by the banking
sector, there is further scope to borrow at
a reduced rate of interest.”
“The present borrowing initiative would
also help the company to replace some of
its present high cost near-term maturity
debts with lower cost and long-term
maturity debts and further reducing overall
cost of funding and improving debt
maturity profile of the company,” Future
Retail said.
It further said the funds would be utilised
for certain general corporate purpose,
including brand building and other
marketing expenses, acquiring assets
such as furniture and fixtures vehicles
and spend on lease improvements, among
others.
Moreover, the company is also seeking
shareholder approval for grant of stock
options to eligible employees and
directors.
Future Retail had recently concluded its
equity funding of around Rs 2,000 crore,
including preferential issue of equity
share and warrants convertible into equity
and Class B shares and rights issue.
“…major part of the fund raised is being
utilised for debt reduction, reducing
overall debt as well as finance cost of the
company thereby improving its debt equity
and debt servicing coverage ratio,” the
filing added.