Kumar Mangalam Birla is spending his way out of a tight spot
Long known to be conservative with cash, the Aditya Birla Group chairman is on an acquisition and expansion spree. A lot of it has to do with the sudden threat to his cement dominance—his pride and joy.
21 August, 2024•11 min
0
21 August, 2024•11 min
0
Getting your Trinity Audio player ready...

More in Business
Business
UAE leaves OPEC and OPEC+
With vast oil reserves and billions already deployed, the UAE appears increasingly unwilling to leave its crude capacity idle—especially right now.
You may also like
Business
Are Trent’s best days behind it?
Slowing growth, weakening store metrics and a puzzling fundraise point to the retailer losing some of its post-Zudio sheen.
Business
Jio Financial is learning from Bajaj Finserv and that should worry Aditya Birla Capital
Alongside a decent set of numbers, the Mukesh Ambani-helmed financial services co. has articulated a long-term playbook that could reshape the competitive landscape of financial services.
Business
Is a revival underway at Asian Paints?
The company’s Q2 results show a belated revival in fortunes, suggesting an aggressive growth path in an industry shaken up by Grasim. The latter is feeling the pressure for the first time ever since it launched its paints business in 2024.







