Preview

Aditya Birla-History

Satisfactory Essays
Open Document
Open Document
704 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Aditya Birla-History
BUISNESS HISTORY

ASSIGNMENT ON

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, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular. Aditya Birla Group's joint ventures include Birla Sun Life (Financial Services) and Birla NGK (Insulators). The group also has its presence in various countries such as Thailand, Indonesia, Malaysia, Philippines, Egypt, Canada, China and Australia.

Born on June 14, 1967, Kumar Mangalam Birla spent the early of his life in Calcutta and Mumbai. He is a Chartered Accountant and did his MBA (Masters in Business Administration) from the London Business School, London. Kumar Mangalam Birla took over as Chairman in 1995, at the age of 28, after sudden demise of his father, noted industrialist Aditya Birla, after whom the group is named.

When Kumar Mangalam Birla assumed the mantle at the Aditya Birla Group, Doubts were raised about his ability to handle a giant business house with interests spanning viscose, textiles and garments on the one hand and cement, aluminium and fertilisers on the other. But Kumar Mangalam proved his skeptics wrong. He brought in radical changes, changed business strategies, professionalised the entire group and replaced internal systems. Kumar Mangalam reduced his group's dependence on the cyclic commodities sectors by entering consumer products.

Under Kumar Mangalam Birla's leadership, the Aditya Birla Group, apart from consolidating its position in existing businesses,

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The award program's Advisory Board says that by selecting him the CEO of Air Canada he transformed this company into a profit. By his strong leadership skills Air Canada has strong growth, notably a 50 per cent increase in international capacity since 2009. After coming in Air Canada, he is working tirelessly to make the interests of shareholders,…

    • 218 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Brl Hardy Case Study

    • 429 Words
    • 2 Pages

    BRL management decided to propose a merger. Following the merger, ex-BRL executives assumed the majority of top jobs in BRLH. These decisions within the top management caused some conflicts and indifference in the corporate…

    • 429 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Indra Nooyi

    • 556 Words
    • 3 Pages

    In 2007, she was awarded Padma Bhushan by Government of India. In 2008, she was elected to the fellowship of the American Academy of Arts and Sciences. PepsiCo executive…

    • 556 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Mbv vs Rbv

    • 2165 Words
    • 9 Pages

    The 1980’s brought about the process of strategic planning and strategy became a core subject of the business management discipline. More advanced and sophisticated techniques evolved from early methods of strategic planning and this became an integral part of the job of managers. Downsizing of staffs and upsizing of the importance of strategic planning is now a major objective of all organizations.…

    • 2165 Words
    • 9 Pages
    Best Essays
  • Better Essays

    Lalit Kumar Modi born on November 29, 1963, Delhi, India is the founder and architect of the Indian Premier League He is best known for his stint as the Chairman and Commissioner of the Indian Premier League and the Chairman of the Champions League, between 2008 and 2010, he has also occupied the roles of Vice President of the Board of Control for Cricket in India (BCCI), between 2005 and September 2010, and Vice President of the Punjab Cricket Association.…

    • 3090 Words
    • 13 Pages
    Better Essays
  • Good Essays

    House of Tata

    • 2820 Words
    • 12 Pages

    In 1991 the Indian government introduced a series of drastic reforms, liberalizing its government owned and controlled economy. Product expansion and new market entry became easier for companies in virtually every sector of the economy. This presented Tata with many opportunities to leverage its strong brand equity and financial resources to enter new markets and industries. The strong brand image gave it a tremendous advantage over competitors in a variety of industries. However, the government reforms also lowered barriers to entry and increased competition in all of Tata’s industries. Foreign companies flooded into India, threatening to take market share from Tata companies. The world was globalizing and India was liberalizing its economy. Tata was forced to consider its strengths and weakness, analyze its many businesses and their industries, and evaluate the threats and opportunities presented by this changing global economy.…

    • 2820 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Mukesh Ambani Biography

    • 690 Words
    • 3 Pages

    Shri Mukesh D. Ambani is a Chemical Engineer from Institute of Chemical Technology, Mumbai (earlier University Department of Chemical Technology, University of Mumbai). He has pursued MBA from Stanford University, USA.…

    • 690 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The history of Indian family business takes us back to the time of independence in India. The reason Indian family business started in 1890’s was to promote import substitution and attain economic freedom from the British. The idea of Indian family-run business has always been revered, respected, and protected in India but the argument here is to understand how the family’s involvement in business is and also how the family together with the outside professionals manages the business for generations.…

    • 845 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Mmnmnm

    • 353 Words
    • 2 Pages

    Kala – mela-2000 sponsored by u.p. state lalitkala academy at lajpat bhawan Kanpur Asian paints art quest 2000 organize by rotary club of Kanpur greater at grindlays bank Kanpur.…

    • 353 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Rahul Bajaj serves as an Executive Chairman and Head of Bajaj Group of Companies of Bajaj Auto Ltd. Mr. Bajaj served as Chief Executive Officer of Bajaj Auto Ltd. since 1968. He served as Managing Director of Bajaj Holdings & Investment Limited until March 31, 2005. He served as Deputy General Manager of Bajaj Tempo Limited. Mr. Bajaj serves as Chairman of the Board of Bajaj Finserv Ltd., Bajaj Allianz Life Insurance Company Ltd., and Bajaj Allianz General Insurance ... Co. Ltd. He has been Chairman of Bajaj Auto Finance Ltd since July 26, 1972. He has been Non-Executive Chairman of Bajaj Holdings & Investment Limited since February 20, 2008. Mr. Bajaj served as Non-executive Chairman of Maharashtra Scooters Ltd., until October 18, 2006. He served as Chairman and Director of Mukand Ltd. until July 2007 and serves as its Director. He serves as a Member of Executive Board at Indian School of Business. He served as a Member of Governing Board of Indian School of Business. He served as Executive Director of Bajaj Holdings & Investment Limited until February 2008. Mr. Bajaj served as Non-executive Director of Maharashtra Scooters Ltd., until October 18, 2006. He serves as a Member of International Advisory Committee of NYSE Euronext, Inc. (Formerly New York Stock Exchange, Inc.). Mr. Bajaj served as the President of Confederation of Indian Industry (CII - 1979-80/1999-2000). He also served as President of Society of Indian Automobile Manufacturers (SIAM) and Mahratta Chamber of Commerce, Industry And Agriculture (MCCIA) and the Chairman of the Development Council for…

    • 636 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Case Study on Music World

    • 2177 Words
    • 9 Pages

    They realized promising growth prospects in organized retailing industry in India. They were right in realizing this. We can see the growth rate in Indian retail from 1998 in the following graph.…

    • 2177 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Narayana Murthy

    • 3013 Words
    • 13 Pages

    The objectives of this manuscript are to help you understand Narayana Murthy’s background, his philosophies, accomplishments, and lessons to be learned from his career. He started a company in 1981 with an equity capital of $200, but with his sound management skills, Mr. Murthy has taken Infosys to the pinnacle of success in two decades. He is the Founder-Chairman of Infosys Limited, and his company, Infosys, was the first Indian company listed on NASDAQ in 1999. This manuscript will not only allow you to learn a lot about Mr. Murthy who has done the remarkable work in the field of IT, but also to understand the corporate social responsibilities. Narayana Murthy is currently serving as a Non-Executive Chairman and Chief Mentor of Infosys Technologies Limited. He is a good example of Charismatic, Transformational, and Transactional leader. He has a unique personality and is known for his simplicity and his helping mentality. The whole idea of creating Infosys was to help the needy people as a social welfare.…

    • 3013 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    1) The Tata Group has been transformed from a risk averse, slow moving giant into a more dynamic and aggressive conglomerate. How much of such a transformation can be attributed to one individual? Discuss the role of the leader in initiating and managing change.…

    • 13287 Words
    • 45 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The pattern of Prime Ministers elected for Republic of India shows its well natured tradition of unity in diversity, India has elected Prime Ministers from various linguistic backgrounds, various cultures, religious or political faiths and there is no difference on the basis of gender as well.…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    the most momrable day

    • 1106 Words
    • 4 Pages

    Azim Premji, a man of brilliance is the CEO of WIPRO, one of the largest software companies in India. According to Forbes he was the richest man in the country from 1999 to 2005.He over the years has emerged as the 'tech king' of the country.…

    • 1106 Words
    • 4 Pages
    Satisfactory Essays