Company Overview of Aditya Birla Management Corporation Pvt. Ltd.
Aditya Birla Management Corporation Pvt. Ltd., through its subsidiaries, engages in the businesses of non-ferrous metals, cement, textiles, chemicals, agri-business, rubber and specialty carbon blacks, iron ore mining, ferro alloys, wind power generation, insulators, cellular services, financial services, supermarkets, and trading solutions globally. Its non-ferrous metals include aluminum, primary metal and fabricated products, bauxite mines, alumina refining, smelting, coal mines, foils, sheet rolling, extrusions, smelters, copper cathodes, continuous cast copper rods, sulphuric acid, DAP and complexes, precious metals, rolled products, copper mines, aerospace alloys, and alumina. The comp...
Aditya Birla Centre
S.K. Ahire Marg
Mumbai, 400 030
Founded in 1857
Key Executives for Aditya Birla Management Corporation Pvt. Ltd.
Director of Financial Services and Director
Chief Technology Officer and Chief Executive Officer of Aditya Birla Science & Technology Company Limited
Director of Human Resources, Director, Chief Executive Officer of Carbon Black Business and Head of Human Resources for Aditya Birla
Chief Executive Officer of Novelis Inc and President of Novelis Inc
Compensation as of Fiscal Year 2015.
Aditya Birla Management Corporation Pvt. Ltd. Key Developments
Aditya Birla Group Enters into Partnership with the Abraaj Group to Build Large Scale Renewable Energy Platform
Oct 7 15
Aditya Birla Nuvo Ltd. announced that Aditya Birla Group has entered into a partnership with The Abraaj Group to build a large scale renewable energy platform focused on developing utility-scale solar power plants in India. ABNL has also entered into a definitive share subscription and shareholders sgreement with an affiliate of Abraaj. As per the agreement, ABNL and the Abraaj affiliate will hold 51% and 49% of the paid up share capital respectively, in Aditya Birla Renewables Ltd, currently a wholly owned subsidiary of ABNL, subject to the customary closing conditions and subject to the requisite approvals. Aditya Birla Renewables will bid for projects tendered at national and state auctions, with the intent to develop and operate utility-scale solar power plants that can provide clean and cost-effective electricity to the national grids across several key states in India.
Jabong Owner Reportedly In Initial Talks With Paytm, Others To Sell Online Retailer
Sep 21 15
Global Fashion Group S.A. reportedly is seeking sale of stakes in Xerion Retail Private Limited (Jabong.com). Global Fashion Group (GFG) is in initial talks PayTM Mobile Solutions Pvt Ltd to sell stakes in Jabong, according to three people familiar with the discussion. Investment AB Kinnevik (OM:KINV B), the largest shareholder of GFG, is speaheading the sale process and is reaching out to other potential suitors for selling Jabong, the people cited above said, requesting anonymity. The talks are at a very early stage and the valuation of Jabong is being pegged at anywhere between $500 million and $800 million, said one of the three people cited above. The talks are being led by Akhil Chainwala, investment manager at Investment AB Kinnevik (OM:KINV B). Akhil Chainwala is currently in India to meet potential buyers, including Paytm and top executives of the Aditya Birla Management Corporation Pvt. Ltd., two of the three people mentioned above said, requesting anonymity. Jabong reported sales of $122.9 million and a loss of $68.79 million for the year ended December 31, 2014. The conversion has been done using oanda.com as on September 21, 2015.
Linen Club Opens Showroom at Oman Avenues Mall
Sep 20 15
Linen Club has launched its first showroom in the sultanate at Oman Avenues Mall. A premium brand from Aditya Birla Group is known for its linen fabrics which has recently also introduced readymade garments. The brand has been brought to Oman by Al Arifa Fashions of Muscat Project and Environment Services (MPES) and includes pure linen besides linen-rich blends with cotton silk wool rayon and lyocell. It also has dyed pieces yarn-dyed printed hand-painted embroidered clothes and ready-to-stitch clothes for men women and children.
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