Kumar Mangalam Birla, chairman of the Aditya Birla Group. (Photographer: Dhiraj Singh/Bloomberg)

Remember The Grasim Demerger? It’s Staring At A Tax Hit Of Over Rs 5,800 Crore

Nearly two years after the Aditya Birla Group implemented a restructuring of group companies Nuvo, Grasim and Aditya Birla Capital, the income tax department has found fault with one leg of the tra...