Introduction: The roots of Aditya Birla Group can be traced back to the 19th century‚ when Seth Shivnarain Birla began trading in cotton in the picturesque town of Pilani in the Rajasthan Desert. Through India’s arduous 1850s‚ the Birla business expanded rapidly. Aditya Vikram Birla‚ the Group’s legendary leader‚ soaked up the principles by which G. D. Birla lived. The Group grew and consolidated its portfolio through a spate of acquisitions and Greenfield projects. Today‚ the Group is a dominant player
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The Aditya Birla Group is an Indian multinational conglomerate headquartered inMumbai‚ Maharashtra‚ India.[4] It operates in 33 countries with more than 133‚000 employees worldwide.[5] The group interests in sectors such as viscose staple fibre‚ metals‚ cement‚ viscose filament yarn‚ branded apparel‚ carbon black‚ chemicals‚ fertilisers‚ insulators‚ financial services‚ telecom‚ BPO and IT services. The Aditya Birla group is a diversified conglomerate with a total revenue of approximately US$40 billion
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HR POLICY OF ADITYA BIRLA GROUP The Aditya Birla Group is a multinational corporation based in Mumbai‚ India with operations in 25 countries including Thailand‚ Dubai‚ Singapore‚ Myanmar‚ Laos‚ Indonesia‚ Philippines‚ Egypt‚ Canada‚ Australia‚ China‚ USA‚ UK‚ Germany‚ Hungary‚ Brazil‚ Italy‚ France‚ Luxembourg‚ Switzerland‚ Bangladesh‚ Malaysia‚ Vietnam and Korea. A US$ 28 billion conglomerate‚ with a market capitalization of US$ 31.5 billion‚ over 50 per cent of its revenues flow from its
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KULAM MANGALAM BIRLA GOWTHAM K M 3511210566 KULAM MANGALAM BIRLA Born: June 14‚ 1967 Achievement: Chairman of the Aditya Birla Group; Chosen as Ernst & Young Entrepreneur of the Year - India in 2005 Kumar Mangalam Birla is the Chairman of the Aditya Birla Group. The group is India’s third largest business house. Major companies of Aditya Birla Group in India are Grasim
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Birla #1:The Unknown Global Indian Conglomerate Q) After a decade of reform‚ had the Birla group done enough to outpace its rivals ‚ or was there another step it had to take to be “Birla #1”? Ans: Once Kumar Mangalam Birla took over the Birla group in 1995 after the untimely death of his father‚ he ushered in an era of reforms and mandated the company be among the top three players in the world or at least in the region for any particular investment. The renewed focus of the group was in making
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About Aditya Birla Retail Ltd. Aditya Birla Retail Ltd is the retail arm of the Aditya Birla Group‚ a US$ 24 billion corporation with a market capital of US$ 31.5 billion and in the league of Fortune 500 companies. In May 2007‚ Aditya Birla Retail Ltd launched its first store‚ more. in Pune‚ and currently has over 500 stores across the country. With the acquisition of Trinethra Super Retail‚ the company will increase its retail foothold to 300 plus stores with re-branding of Trinethra and Fabmall
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Going Globally Competitive: Aditya Birla Group Way It was mid-2005‚ exactly a decade after Kumar Mangalam Birla took over as Chairman of the Aditya Birla Group‚ that the Business Today‚ a leading business magazine of India noted‚ “At 38‚ Kumar Mangalam Birla has already done more than what most others get to do in a lifetime. He’s transformed a hidebound conglomerate into a modern commodities giant that’s globally competitive. Today‚ it racks up Rs 33‚000 crore in revenues and boasts of a market
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Aditya brila retail: more- general view The Group’s foray into the retail sector began in December 2006 when it acquired Trinethra‚ the chain of stores based in south India. May 2007 saw Aditya Birla Retail Limited (ABRL) launch their own brand of stores called ’More.’ ABRL’s vision is "to consistently provide the Indian consumer complete and differentiated shopping experiences and be amongst India’s top retailers while delivering superior returns to all stakeholders" Currently‚ there are over
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birlasunlife.com “Birla Sun Life Asset Management Company Ltd. (BSLAMC)‚ in Birla Sun Life Mutual Fund the investment manager has a joint venture between the Aditya Birla Group and the Sun Life Financial Inc. of Canada. The joint venture gets together the Aditya Birla Group’s knowledge in the Indian market and Sun Life’s global knowledge. The company was established in the year1994‚ India’s leading battleships of Mutual Funds business managing assets of a large investor base in Birla sun life mutual
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Diversification strategy of Aditya Birla Group 5th to 9th para Aditya Birla group of company was formed in the year 1870‚ when Seth Shiv Narayan Birla launched a trading business of cotton & Jute in Pilani‚ in the state of Rajasthan. His son‚ Baldeo Das Birla‚ had moved to Calcutta which was the hub of business activity and over there Baldeo Das Birla’s son Ghanshyamdas Birla started up a jute mill. Thus in 1919 the family’s industrial holdings were established. Then just after India’s independence
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