Welcome to EverybodyWiki ! His net worth was estimated at £250 million by 1995. In September 2017, Aditya Birla Financial Services was restructured as Aditya Birla Capital Limited listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) after demerging from its parent entity, Grasim Industries (Aditya Birla Nuvo merged into Grasim Industries prior to the Aditya Birla Capital demerger). In 2012, Aditya Birla Nuvo acquired an additional 1% stake in the company making it a subsidiary, with Sun Life Financial holding 49% in the venture. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 36 countries across the globe. [19] In 2014, the mutual fund crossed INR 1 trillion in assets under its management. The company was later renamed Aditya Birla Money. "Aditya Birla Capital Profit & Loss account, Aditya Birla Capital Financial Statement & Accounts", "Aditya Birla Capital Balance Sheet, Aditya Birla Capital Financial Statement & Accounts", "Aditya Birla Capital Information - The Economic Times", "Shares of Aditya Birla Capital tank 5% after listing - Times of India", "Aditya Birla Capital to be listed on Friday", "The rise of Aditya Birla Financial Services", "Indo Gulf, Birla Global to merge into Indian Rayon Swap ratio at 3:1; new company to be called Aditya Birla Nuvo", "The Hindu : National : Indo Gulf, Birla Global merge with Indian Rayon", "Making the money business work at Birla", "FDI Limit in Insurance sector increased from 26% to 49%", "rediff.com: Birla Sun Life insurance launched", "Sun Life Financial to increase its stake in Birla Sun Life Insurance from 26% to 49%", "Downsizing helps Birla Sun Life boost its new business income", "Aditya Birla Financial diversifies into health insurance with ABHICL", "Aditya Birla Health Insurance targeting young Indians through its digital strategy", "Birlas take control of mutual fund venture with Sun Life", "Birla Sun Life MF joins Rs 1 lakh-cr club", "Birla Sun Life MF acquires ING's Indian assets", "Birla Sun Life MF to perfix 'Aditya' for all legal entities, scheme names", "Apollo Sindhoori Capital is now Aditya Birla Money", "Aditya Birla Group readies mega Housing Finance Foray", "Birla Global Finance is now Aditya Birla Finance", "Aditya Birla Private Equity said to be looking to raise $500 mn fund", "Aditya Birla Capital gets RBI approval for asset reconstruction firm", "Grasim to issue 15 shares for every 10 AB Nuvo shares", "NCLT pproves ABNL-Grasim merger; ABFSL to list soon", "Aditya Birla Capital lists at Rs 250 after demerger with Grasim, cracks 5%", "Aditya Birla Capital shares make exchange debut; list at Rs 250, without IPO", "Will Aditya Birla Capital's latest gambit deliver? Birla arranged for his daughter Vasavadatta to marry Kushagra Bajaj, son of Shishir Bajaj (Rahul Bajaj's younger brother[8]) of the Bajaj family. Aditya Birla Capital Limited is a part of the Aditya Birla Group, a US$ 48.3 billion Indian multinational, in the league of Fortune 500. [6] The company operated four divisions; Capital Market, Corporate Finance, Retail Finance and General Insurance Advisory. His aged father and young son took over many of the responsibilities of the group. [1], Birla was born on 14 November 1943 in Calcutta to industrialist Basant Kumar[2] and Sarala Birla. For the company, see, Birla Institute of Technology and Science, "Aditya Vikram Birla, 51, A Leading Indian Businessman", "Aditya Vikram Birla, 52, A Leading Indian Businessman", "At the helm (Aditya Birla Group Management Team)", "Story of one of India's prominent business families", https://www.livemint.com/Companies/W1KcASuM6q2liXL3ALmJRJ/Bajaj-Group-plans-for-Gen-Next-with-a-family-settlement.html, Chavan to give away Aditya Vikram Birla awards, https://en.wikipedia.org/w/index.php?title=Aditya_Vikram_Birla&oldid=985144137, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 October 2020, at 06:45. [24], In the year 1986, Aditya Birla Group incorporated Birla Growth Fund. In the year 1994, the company changed its name from Birla Growth Fund Limited to Birla Global Finance Limited and the company was listed on The National Stock Exchange and Bombay Stock Exchange. Birla Corporation Limited is an Indian-based flagship company of the M P Birla group of companies, founded by Shri Ghanshyam Das Birla in the late 1910s and carried on by Madhav Prasad Birla.. [22], In 2009, Aditya Birla Capital acquired a controlling stake Apollo Sindhoori Capital Investments, a securities broking firm. In 1975, The Indo Phil Group of companies, the first Indo-Filipino joint venture, commenced production of spun yarn. This article "Aditya Birla Capital" is from Wikipedia. After her husband's death in 1995, Rajashree began working in CSR and charity sectors, developing a large philanthropic organization funded by her family. Former Indian Prime Minister (then Finance Minister) Manmohan Singh called Mr. Birla "among the best and brightest citizens of India."[2]. Aditya Birla Memorial Hospital is a multi-speciality medical centre located at Pimpri-Chinchwad in the west Indian state of Maharashtra; Aditya Birla Memorial Hospital facts In 1982, P.T Indo Bharat Rayon was established, the first producer of Viscose Staple Fibre in Indonesia. Aditya Birla Payments Bank Limited (ABPB) was a payments bank started as a joint venture by Aditya Birla Nuvo Ltd. and Idea Cellular. (adsbygoogle = window.adsbygoogle || []).push({}); This page was last edited on 14 July 2020, at 16:41. Aditya Birla Memorial Hospital in Pimpri-Chinchwad has been named after him. Rajashree Birla is an Indian philanthropist. The Aditya Vikram Birla Kalashikhar and Kalakiran Puraskar awards for excellence in theatre and performing arts are given every year, were instituted in 1996 by the Sangeet Kala Kendra (SKK), which was founded in 1973 by Aditya Vikram Birla to encourage performing arts. The list of its authors can be seen in its historical and/or the page Edithistory:Aditya Birla Capital. He was then placed in charge of the corporation's expansion into the oil sector. Kumar Mangalam Birla has been ranked the 10th richest person in India with a net worth of $12.50 Billion. In 1974, Thai Rayon, the Group's Viscose Rayon Staple Fibre business, was incorporated in Thailand. [23] Aditya Birla Capital decided to get into the Mortgage loan sector in 2015. Aditya Birla Capital (incorporated as Aditya Birla Financial Services Limited in 20… Her grandparents are Rajashree and Aditya Vikram Birla. In 1977, Pan Century Edible Oils was incorporated in Malaysia, going on to become the world's largest single-location palm oil refinery. [27] In 2017, Aditya Birla Capital received a license to set up an asset reconstruction company. Ananya is the first daughter of Kumar Mangalam and Neerja Birla. The group was founded by Seth Shiv Narayan Birla in 1857. [3], The company is a subsidiary of Grasim Industries and manages assets worth ₹2.46 trillion (US$34 billion) and had over 12,000 employees as of March, 2017. [32] The company came out with a strategy of a single brand, single point of contact for clients and focus on money in general in place of individual products.[33]. After returning to India in 1965, Birla struck out on his own in textiles. A special commemorative stamp has been released by Government of India in the name of Aditya Vikram Birla on 14 January 2013, honouring him as "India's first global industrialist". [26], The company runs a private equity business under the name Aditya Birla Private Equity. In 2005, the group decided to consolidate its business and as part of this exercise, it merged Birla Global Finance Limited into Aditya Birla Nuvo. Through its subsidiaries and joint ventures, it manages aggregate assets worth more than Rs3000 billion and has a lending book of Rs 601 billion … [6] In 1973, he established P.T. [29][30][31], In 2017, all financial services of the Aditya Birla Group came under one brand, Aditya Birla Capital. In 1978, Thai Carbon Black was incorporated in Thailand. He witnessed their engagement ceremony but not their wedding. All these ventures not only put the Birla group on the world map, but the companies became the largest producer of Viscose staple fibre and refiner of palm oil. [21] In 2017, the company added the prefix "Aditya" and became Aditya Birla Sun Life Mutual Fund. He was survived by both his parents, his wife and both his children, as also by two sisters and a daughter-in-law. by misusing our name, brand and/or logo and employee information. By using our services, you agree to our use of cookies. About Aditya Birla Sun Life Insurance, an Aditya Birla Capital Company Aditya Birla Sun Life Insurance Company Limited (ABSLI), is a life insurance subsidiary of Aditya Birla Capital Ltd (ABCL). Aditya Birla Capital Limited is a part of the Aditya Birla Group, a US$ 48.3 billion Indian multinational, in the league of Fortune 500. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. The couple were married in 1997. Aditya Birla Capital Limited (ABCL) is the holding company for all financial service businesses of the Aditya Birla Group and is a Non-Banking Financial Institution (NBFC).
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