Indian conglomerate Aditya Birla Fashion and Retail Ltd (ABFRL) has received approval from its board to strengthen its capital base through a $500m equity raise.

Aditya Birla Fashion & Retail Ltd (ABFRL) shows a cautious near-term future, according to SEBI-registered analyst Harika Enjamuri, who noted its deep oversold stock status and recommends investors ...

India's Aditya Birla Fashion and Retail (ABFRL) will raise $500 million by selling shares, including to U.S. investment firm Fidelity, the retailer said on Wednesday.