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An Overview Of Aditya Birla

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1.1 INTRODUCTION OF THE COMPANY
The Aditya Birla Group is an Indian multinational conglomerate named after Aditya Vikram Birla, headquartered in the Aditya Birla Centre in Worli, Mumbai, India. It operates in 40 countries with more than 120,000 employees worldwide .The group was founded by Seth Shiv Narayan Birla in 1857. The group started its career in sectors such as viscose staple fiber, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilizers, insulators, financial services, telecom (third largest in India), BPO and IT services.
The Birla family is a family connected with the industrial and social history of India. The main branch of the Birla family are descendants of Seth Shobharam, …show more content…

It was here that Seth Shiv Narayan Birla started trading in cotton, laying the foundation for the House of Birla.
Through India's burdensome times of the 1850s, the Birla business expanded rapidly. In the early part of the 20th century, the Group's founding father, Mr. Ghanshyamdas Birla, set up industries in critical sectors such as textiles and fiber, aluminum, cement, and chemicals. As a close confidant of Mahatma Gandhi, he played an crucial role in the Indian freedom struggle. He represented India at the first and second round-table conferences in London, along with Gandhi ji. It was at Birla House in Delhi that the luminaries of the Indian freedom struggle often met to plot the downfall of the British Raj.

Mr. Ghanshyamdas Birla found no contradiction in pursuing business goals with the dedication of a saint, emerging as one of the foremost industrialists of pre-independence India. The principles by which he lived were immeresed by his grandson, Mr. Aditya Vikram Birla, the Group's legendary …show more content…

Aditya Birla Financial Services Group (ABFSG) ranks among the top 5 fund managers in India (excluding LIC) with an AUM of USD 20.4 billion and having a strong presence across the life insurance, asset management, Non-Banking financial company private equity, retail broking, distribution & wealth management, and general insurance broking businesses, Aditya Birla Financial Service Group is committed to serve the end-to-end financial services needs of its retail and corporate customers. The seven companies representing Aditya Birla Financial Service Group are: Birla Sun Life Insurance Company Ltd., Birla Sun Life Asset Management Company Ltd., Aditya Birla Finance Ltd., Aditya Birla Capital Advisors Pvt. Ltd., Aditya Birla Money Ltd., Aditya Birla Money Mart Ltd. and Aditya Birla Insurance Brokers Ltd. In FY 2013-14, ABFSG reported consolidated revenue from these businesses at Rs. 6,640 Crore (USD 1.1 billion) and earnings before tax at Rs. 745 Crore. Anchored by about 13,000 employees and trusted by over 5.5 million customers, Aditya Birla Financial Service Group has a nationwide reach through 1,500 points of presence and about 130,000 agents / channel partners.
"People are our most valuable assets", this popular adage stands true at Aditya

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