kumar birla

Industrialist Basant kumar birla, the grandfather of Kumar Mangalam Birla, died in Mumbai on Wednesday, sources said. He passed away at the age of 98. He was instrumental in a slew of business initiatives. Kumar Mangalam Birla's father Aditya Vikram Birla, who died in 1995, was his only son. He is survived by his daughters Jayshree Mohta and Manjushree Khaitan.

For a 109-year-old company, this marks a small but significant event.

In a move that signifies the growing importance of Kumar Mangalam Birla within the Birla clan, the chairman of the $30 billion Aditya Birla group has been inducted on the board of Pilani Investment & Industries Corporation (Pilani).

Kumar Mangalam Birla will directly purchase a stake of about 16% in cement to garments maker Century Textiles and Industries, which he is eventually set to inherit from grandfather Basant kumar birla, according to a notice to shareholders.

Kumar Mangalam Birla's children, Ananya and Aryaman, were inducted into Hindalco Industries' board. Both have previously joined boards of Grasim Industries and Aditya Birla Fashion and Retail. Ananya shifted focus from music to business, significantly impacting microfinance, while Aryaman oversees real estate and Aditya Birla Ventures, which invests in high-growth startups.

Three years after the death of Krishna kumar birla, most of the companies under the K K Birla Group will shed the legendary tag.

Kumar Mangalam Birla is mulling a value unlocking move in his privately held group company Madura Fashion & Lifestyle, formerly Madura Garments, after private equity funds approached with stake buy offers, sources directly involved with the matter said.

Aditya Birla Nuvo is set to rework its deal for a controlling stake in Pantaloons after the latter's June quarter business fell below estimates, leading to a slight valuation drop, said sources briefed on the matter.

MUMBAI: After Tata group chairman Ratan Tata and Reliance group chairman Mukesh D. Ambani, it is the turn of Kumarmangalam Birla, the 34-year-old chairman of the Rs 27,000 crore Aditya Birla group, to move residence to Carmichael Road.

Aditya Birla Group chairman Kumar Mangalam Birla is bullish about the US market as an investment destination.

MUMBAI: Perseverance, grit, and financial savvy were rewarded as The Economic Times, the world's second-largest business daily, chose its awards for corporate excellence, the Oscars of Corporate India.

Industrialist Kumar Mangalam Birla is believed to have emerged as the highest bidder for Jatia House, a sprawling bungalow on Malabar Hill.

A minor cannot be in a live-in relationship as that would be immoral as well as illegal, the Allahabad high court said recently, dismissing a petition to protect a 17-year-old Muslim boy from criminal prosecution, initiated on an FIR filed by the family of his 19-year-old Hindu live-in partner.

A leading Gujarati industrialist recently asked me the reason for the drop in the pecking order of Marwaris in India’s top business groups. We tried to name a few potential next generation leaders from the community. Except for kumar birla, Prashant Ruia, Rajiv Bajaj, all now above 40 years, none else came to mind.

Basant kumar birla, the grand old man of the Indian industry, has closely watched India Inc grow up from its infancy. Apart from business leaders, he has also enjoyed close personal relationships with some of our greatest national leaders such as Sardar Patel and Mahatma Gandhi, right from his teens.

The Aditya Birla Group is eyeing cement assets being put on the block by European giants Holcim and Lafarge as they merge. The move signals the return of India’s top conglomerates to bulge-bracket global buyouts amid positive business sentiments after a change of government at the Centre in May this year.

Birla group is to announce the merger of Indo Gulf Fertilisers and Birla Global Finance into Indian Rayon & Industries.

Industry leaders have come out strongly against the CBI move to lodge an FIR against Aditya Birla Group chairman Kumar Mangalam Birla for alleged irregularities in the allocation of a coal block, terming it as "deplorable" and "unfortunate".

The present positive outlook gets a bit dimmed when one views the increasing trade protectionism, rising crude prices, geo-political risks and the uncertainty about tightening monetary policies in the advanced economies, Birla told the shareholders at the annual general meeting of the group flagship Ultratech Cement.

Birla group is merging group companies Indo Gulf Fertilisers and Birla Global Finance into Indian Rayon & Industries.

MUMBAI: It's a strategic move, which sends out a telling message.

KOLKATA: The battle between the Birlas and their auditor R S Lodha over the control of the M P Birla group has entered a crucial stage with Lodha expected to file affidavit in Calcutta HC on Monday questioning the locus standi of 4 important Birla family members to raise objections to his claim to assets over Rs 5,000 cr.

Describing BK Birla Group patriarch Basant kumar birla and his wife Sarala Birla as "God`s very special beings on this Earth", evergreen filmstar Dev Anand released a biography on the couple’s 69 th wedding anniversary on Saturday.

Aditya Birla Centre for Community Initiative and Rural Development organizes a mass marriage for underprivileged couples.This year, 71 couples were brought to the city in the Renukoot-Howrah Special train.

Observing that making of irresponsible insinuations upon the judiciary or its officers has now become a fashion, the Allahabad high court has dismissed a writ petition whereby allegations were levelled against a judicial officer of Gautam Budh Nagar and a direction was sought from the court to institute an inquiry against the concerned judicial officer.

The Allahabad high court has expressed concern that officers of the state are not complying with the orders passed by this court at the first instance. As a result, the aggrieved parties are forced to file contempt petition to get the orders complied with.

Kumar Mangalam Birla agreed to buy out his JV partner Tata's stake for Rs 4,406 crore at Rs 40.50 a share, taking his ownership in Idea Cellular to a dominant 98%.