Page 2 - Kumar Mangalam Birla

India awash with optimism, pride and anticipation: Kumar Mangalam Birla

In his annual note, Birla said that the viral meme 'just looking like a wow' echoes the vibrant energy of the Indian economy and captures the 'unparalleled' nature of this moment

Ram temple event: Ambanis, Bachchan among those on special guest list

Billionaire Mukesh Ambani and his family as well as Bollywood superstar Amitabh Bachchan are among those who feature in a select state guest list of invitees to the consecration of the Ram temple next week. While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats. According to the list, which PTI has accessed, Bachchan will fly into Ayodhya in a private chartered plane for the opening of the 161-feet tall pink sandstone shrine. From the film industry, the list features actors Ajay Devgn, Akshay Kumar, Allu Arjun, Mohanlal, Anupam Kher and Chiranjeevi. Besides, sarod maestro Amjad Ali, lyricist and poet Manoj Muntashir and his wife, lyricist and writer Prasoon Joshi, and directors Sanjay Bhansali and Chandraprakash Dwivedi are invited too. Also on the list are billionaire Mukesh Ambani, his mother Kokilaben, wife Neet

AI can reshape socio-economic landscape of nations: Kumar Mangalam Birla

He emphasised the need to build on AI and use its potential for enhancing healthcare, agriculture, education, and other segments

This person's net worth jumped most in 2023. And it's not Adani or Ambani

In terms of wealth gain in India, 73-year-old Savitri is followed by KP Singh of DLF and Kumar Birla of Aditya Birla Group

Voda-Idea will make significant investments to roll out 5G network: Birla

Telecom operator Vodafone Idea (VIL) will make significant investments to roll out 5G network and expand 4G coverage in the coming quarters, billionaire industrialist Kumar Mangalam Birla said on Friday. Birla, chairman of Aditya Birla group, which is one of the shareholders of the troubled telco VIL, was speaking at the inaugural session of India Mobile Congress. "In the coming quarters, Vodafone Idea will initiate significant investments in order to roll out 5G networks and further expand 4G coverage across the country. Moreover, the company is determined to realise the government's vision of establishing a robust supply chain in critical and emerging areas, including Open RAN (Radio Access Network)," he said. Further, Birla said this endeavour will enable innovative Indian companies to design both hardware and software for the global markets. "India's digital ecosystem stands on the brink of unprecedented growth," Birla said.

Grasim to launch its paint biz in Q4 under the brand name 'Birla Opus'

The production of paints will take place at the company's manufacturing plants located in Haryana, Punjab, Tamil Nadu, Karnataka, Maharashtra, and West Bengal

Grasim aims to be 2nd largest player in decorative paints segment: Birla

Aditya Birla group firm Grasim Industries aims to become the second largest player in the paints sector which it considers a "high-potential" growth engine along with its new B2B e-commerce business for construction materials, its Chairman Kumar Mangalam Birla said at the company's AGM on Friday. The Aditya Birla group flagship firm is now shifting focus to the new businesses and has embarked on a transformational growth phase with the incubation of two new high-potential growth enginesPaints and B2B e-commerce for building materials, he said. Grasim last year doubled its planned investment to Rs 10,000 crore in setting up the paints business, where it has plans to compete with the existing makers including Asian Paints, Berger Paints, Kansai Nerolac Paints, and Akzo Nobel India, among others. In the Paints business, the project work is progressing as per plans at all the six sites, and commissioning of plants will start in phases from Q4FY24. The state-of-the-art R&D facility is .

Indian conglomerates look towards global brands to cash in on luxury retail

In a bid to add a global flavour to the Indian retail landscape, Reliance, Tata, and a number of other Indian brands have begun a series of joint ventures with global luxury brands

Indian conglomerates look towards global brands to cash in on luxury retail

In a bid to add a global flavour to the Indian retail landscape, Reliance, Tata, and a number of other Indian brands have begun a series of joint ventures with global luxury brands

Vodafone Idea in contact with vendors to launch 5G, funding delay a hurdle

Speaking on the current telecom market in the country, VI's chairman Ravinder Takkar said that telecom tariffs remain unsustainable and need to rise significantly for business to thrive

Aditya Birla Group to launch branded jewellery retail business in India

The company will invest Rs 5,000 crore to set up large-format exclusive jewellery retail stores with in-house jewellery brands across the country

Vodafone Idea expected to come up with revival plan within a month: Report

In an interview, telecom secretary K Rajaraman said that the return of Kumar Mangalam Birla, chairman of Aditya Birla group, to the board of the ailing telco is a 'positive step'

See hope in Vi, says Kumar Mangalam Birla after rejoining telco's board

Industrialist Kumar Mangalam Birla on Wednesday said he chose to rejoin the board of the group's struggling telco Vi because he sees "hope" in the business. Birla, who was appointed as an non-independent director on the board of the debt-laden Vodafone Idea or Vi, said as a promoter, he wanted to indicate a "willingness" to take the business forward. "I think we are seeing hope again in the company," Birla said after receiving the Lokmat Maharashtrian of the Year 2023 award. "I thought as a promoter it is only right that I also indicate my willingness to take the business forward which is why the decision to come back on the board (was taken)," he added. Birla said the government -- which recently became the largest shareholder in Vi by way of converting dues -- is "pretty resolute" about having three private players in the strategically important telecom sector and has been giving impetus to the industry. He also acknowledged that its rivals Bharti Airtel and Reliance Jio are "do

Voda Idea soars 10% as Kumar Mangalam Birla rejoins board after two years

Birla's re-appointment on the board signals the group's commitment to the company as it continues its efforts to find an investor.

Kumar Mangalam Birla returns to Vodafone Idea board as additional director

Aditya Birla Group Chairman Kumar Mangalam Birla has returned to the board of debt-ridden Vodafone Idea as an additional director in a non-executive and non-independent role, the telecom firm said on Thursday. Birla stepped down from the board of Vodafone Idea Ltd (VIL) in August 2021 for his role as non-executive chairman of the company. "...the Board of Directors of the Company has, at its meeting held today, appointed Mr Kumar Mangalam Birla, as an Additional Director (Non-Executive and Non-Independent) with effect from 20 April 2023," VIL said in a regulatory filing. Aditya Birla Group, one of the promoters, holds around 18 per cent stake in VIL and Vodafone Group around 32 per cent. Birla in the past had offered to give up his stake in VIL. VIL, at present, is reeling under a debt of Rs 2.22 lakh crore, comprising deferred spectrum payment obligations of Rs 1.39 lakh crore and adjusted gross revenue liability of Rs 69,910 crore that are due to the government. The debt from b

Kumar Mangalam Birla received AIMA's 'Business Leader of the Decade' award

Birla said, last ten years had been a period of epochal change for India and the leaders of industry have had a chance to participate in that change and shape the future of the country

Aditya Birla Group Chairman KM Birla receives Padma Bhushan award

Aditya Birla Group Chairman Kumar Mangalam Birla, the recipient of Padma Bhushan this year, is the fourth in the extended Birla family to be conferred the nation's highest civilian honours. Birla (55), was conferred the Padma Bhushan, the country's third highest civilian award by President Droupadi Murmu on Wednesday. His great grandfather GD Birla was a recipient of Padma Vibhushan in 1957 and his mother Rajashree Birla was awarded Padma Bhushan in 2011. GP Birla, cousin of Kumar Mangalam Birla's grandfather BK Birla, was awarded Padma Bhushan in 2006. Kumar Mangalam Birla (KM Birla) has been at the helm for 28 years of the diversified Aditya Birla group with its presence ranging from metals, pulp and fibre, chemicals, textiles, carbon black, telecom, cement, financial services, fashion retail and renewable energy. He transformed the group into an Indian multinational with operations in 36 countries across six continents and increased the group's turnover by over 30 times to USD

BS Awards for Corporate Excellence: Power-packed jury to pick winners today

Chaired by K M Birla, the 8-member panel will select best in corporate India across 7 categories

Indian business families that are shifting control to their next generation

From Ambani to Birla, more and more business families in India are showing trust in their scions

Aditya Birla group to invest in green energy as rivals make commitments

'Thin line between hustle and hubris', Kumar Mangalam Birla warns upcoming companies in blog post