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
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.
Aditya Birla Group Launches Startup Incubator Bizlabs
Aug 21 15
Aditya Birla Group has launched Aditya Birla Bizlabs to collaborate with startups and provide scaling opportunities. The group will look to invest in various startups in the areas of retail, financial services and mobility, fields that Aditya Birla already has businesses in. The Bizlabs program will last for 20 days, during which shortlisted startups will be provided with access to CEOs and CXOs of Aditya Birla, and to other industry experts. The startup will also be provided with an opportunity to scale up its business by entering into a commercial agreement with one of the Group's businesses. Additionally, the startup might also receive and investment from an independent arm of the Group. The last day for submission for entries by startups is on the 2nd of September, before which, interested startups can signup on the program's official website. Startups will be then shortlisted to make a presentation to the CXOs of the Aditya Birla Group by the 15th of September, and the handful that get through will be let in on the core program that will last from the 21st of September to the 11 October, 2015. Note that the company has not mentioned the number of startups it will let in on this program.
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