Yash Birla Group
Template:Short description Template:EngvarB Template:Use dmy dates Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Yash Birla Group is Indian industrial conglomerate group based in Mumbai, Maharashtra.[1] Its chairman Yashovardhan Birla, is a member of the Birla family. The group has diversified interest in industries like steel pipes, machine tools, cutting tools, tool holders, iron castings, power solutionTemplate:Buzzword inline products, multipurpose engines pumps, electrical appliances, textiles, carpets, furnishing, lifestyle, infotech, publication, travel, electricity, property development, cotton ginning etc.[2] The Group traces its origins to the businesses started by various members of the Birla family. The group today has 10 publicly listed subsidiaries in India.[3][4][5][6][7] The group is currently facing major financial and legal bottlenecks.[7][8][9][10]
In June 2013, the group was declared a NPA account for non payment of dues. Further in 2016, UCO Bank also published a notice indicating Birla as defaulter. On 16 June 2019, he was declared wilful defaulter by the bank with outstanding dues of over 67 crores.[11]`
Subsidiaries
Zenith Birla (India) Ltd: Zenith Birla (India) Limited was incorporated in 1960, and commenced its commercial production in 1962. ZBIL, a flagship company of Yash Birla Group, is a pioneer in Manufacture and Exports of Steel Pipes, Tubes, and Hollow Sections from India. The Company's plants are located at Khopoli, Tarapur & Murbad. The Khopoli Plant has a complete Manufacturing and Residential complex for its employees with facilities of School, Club House, Guest House, Temple and Auditorium.[12][13][14]
- Birla Pacific Medspa -Bse India -stock trading was suspended due to non-compliance from June 2015.
- Birla Power
- Birla Infrasolutions Ltd
- Birla Precision Technologies Limited
- Birla Transasia Carpets Ltd,
- Birla Perucchini Ltd,
- Birla Electricals Ltd
- Birla Lifestyle Ltd,
- Birla Concepts (India) Pvt. Ltd
- Birla Shloka Infotech Ltd,
- Birla Cotsyn (India) Ltd
Birla Precision Technologies
Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Birla Precision Technologies Limited is an Indian engineering company.[15] It was established in 1937,[16] and is a part of the group.
Birla Precision Tech has 5 divisions, spread over 4 factories. It is mainly in the auto component and industrial engineering domain.[17] The company exports to more than 25 countries. It is listed on the BSE Stock Exchange. The chairman & managing director of the company is Vedant Birla.
Earlier JVs made in the group include Birla Yamaha, Birla 3M, Birla Kennametal, Birla Perucchini, Birla Delonghi, Dagger Forst, South Pacific Viscose, etc. Major customers of the companies include Cummins, Honeywell, government engineering companies, defence, and aerospace.[18]
See also
References
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- ↑ Script error: No such module "citation/CS1".
- ↑ Lenders file suits against Birla Power for payment defaults - Economic Times
- ↑ Script error: No such module "citation/CS1".
- ↑ Yash Birla Group companies in deep trouble? - Moneylife
- ↑ How to get your money back from Yash Birla group companies - Moneylife
- ↑ zenith birla Complaints
- ↑ a b Yashovardhan Birla resigns from boards of four listed group companies - Economic Times
- ↑ Cite error: Script error: No such module "Namespace detect".Script error: No such module "Namespace detect".
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- ↑ Yash Birla firm faces Rs 1,000-cr loan recall | Business Standard
- ↑ Script error: No such module "citation/CS1".
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- ↑ Yash Birla Group set to re-establish appliances biz - The Economic Times
- ↑ The Hindu : Andhra Pradesh / Hyderabad News : Yash Birla group forays into education
- ↑ Script error: No such module "citation/CS1".
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