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birlacorporation.com

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Partners & Customers

1

About Birla

Birla, is the flagship company of the M.P. Birla Group, a manufacturing company that produces and sells cement, automobile trim parts, jute goods, synthetic and cotton yarns, and PVC floor coverings and coated fabrics. The Company also manufactures calcium carbide, ferromanganese, silico manganese, oxygen and iron and steel castings.

Birla Headquarter Location

1, Shakespeare Sarani 2nd Floor

Kolkata, 700 071,

India

+91 33 6603 3300

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Research containing Birla

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CB Insights Intelligence Analysts have mentioned Birla in 1 CB Insights research brief, most recently on Apr 15, 2021.

Latest Birla News

Kumar Mangalam Birla may infuse funds into Vodafone Idea KM Birla’s contribution is expected to be a small amount, and may be less than even Rs 1,000 crore

Oct 13, 2021

Capital implantation is essential for the turn of events and perseverance of Vodafone Idea (Vi), and sources with direct data realize that the promoter Kumar Mangalam Birla is presumably going to blend a representative aggregate in the association as a showing of conviction. Sources propose Birla’s responsibility is depended upon to be a restricted amount and maybe not actually even Rs 1,000 crore. As Vodafone Idea means to contact monetary benefactors to back them after the telecom easing pack, an exhibit of conviction from a promoter component may help the association, a source raised. Sources in like manner realize that there is no understanding between the public power and Vi for a tremendous measure of Rs 10,000 crore store imbuement by sponsors Vodafone Plc and Aditya Birla Group. KM Birla, who is Chairman of the Aditya Birla Group, had wandered down as Chairman of Vi but had put his measures of energy into convincing the public expert for a telecom lightning pack, which could help the association with managing its wages. Sources exhibit that the representative resource imbuement is presumably not going to be from any of the social affair’s recorded components, yet will undoubtedly be in Birla’s own capacity from an immovably held substance. Vodafone Group claims 45% of Vodafone Idea, and the Indian publicist bundle, which consolidates Kumar Mangalam Birla and Aditya Birla Group firms, holds a 26% stake. Vodafone Idea’s current market valuation is ₹31,000 crore. The telco needs to repay ₹9,000 crores of advances to banks before the completion of this monetary, including ₹5,000 crores of non-convertible debentures. Vodafone Idea’s gross liabilities, including authoritative duty, stayed at around ₹1.9 trillion beginning on 31 March. The firm owes a total of ₹48,000 crores to eight banks, driven by the State Bank of India. Of this, borrowings amount to ₹23,000 crores, and the rest is as the bank guarantees it.

Birla Acquisitions

1 Acquisition

Birla acquired 1 company. Their latest acquisition was Reliance Infrastructure - Cement Business on February 04, 2016.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/4/2016

$991

Acquired Unit

1

Date

2/4/2016

Investment Stage

Companies

Valuation

$991

Total Funding

Note

Acquired Unit

Sources

1

Birla Partners & Customers

1 Partners and customers

Birla has 1 strategic partners and customers. Birla recently partnered with Lafarge Canada on August 8, 2015.

Date

Type

Business Partner

Country

News Snippet

Sources

8/17/2015

Partner

Lafarge Canada

Canada

Birla Corp inks Rs 5,000 cr deal with Lafarge

Birla Corp inks Rs 5,000 cr deal with Lafarge for cement units

1

Date

8/17/2015

Type

Partner

Business Partner

Lafarge Canada

Country

Canada

News Snippet

Birla Corp inks Rs 5,000 cr deal with Lafarge

Birla Corp inks Rs 5,000 cr deal with Lafarge for cement units

Sources

1

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