Court cases, investigations, dwindling sales and fall in market capitalisation could make recovery a tough challenge.
After the grand wedding reception of Vedant Birla (son of businessman Yashovardhan (Yash) and Avanti Birla), and Tejal Kulkarni (Supriya and Sanjeev Kulkarni's daughter), the Birlas threw a private party for selected celebs.
The group has interests in auto, textiles, engineering, chemical and power sectors, among others. "We think this is a good time to enter the IT sector. Melstar also has a US subsidiary, which gives us entry into this market as well," said PVR Murthy, CFO of YBG. The group is looking at further growth through acquisition, with the current focus on West Asian and South East Asian firms.
The group has interests in auto, textiles, engineering, chemical and power sectors, among others. "We think this is a good time to enter the IT sector. Melstar also has a US subsidiary, which gives us entry into this market as well," said PVR Murthy, CFO of YBG. The group is looking at further growth through acquisition, with the current focus on West Asian and South East Asian firms.
Film folk and politicians spent Monday evening rubbing shoulders at the grand wedding reception of Vedant Birla, son of industrialist Yashovardhan (Yash) and Avanti Birla, and Tejal Kulkarni, Supriya and Sanjeev Kulkarni's daughter, at the luxurious St Regis hotel in central Mumbai.
.jpg)
The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).
Yash Birla, one of most prominent businessmen of India, had a lively interaction with rediff.com readers when he hosted a chat on Tuesday.
The Enforcement Directorate has questioned Yash Birla, Chairman of Yash Birla Group, in connection with certain overseas financial transactions, officials in the central agency said on Monday.
In an exclusive chat with the readers of Rediff.com, on Tuesday, March 11, Yashovardhan Birla, chairman of the Yash Birla Group discusses his deep belief in spirituality and his faith in true love.
An I-T probe, sources said, was on to trace the recipient of the reported transfer into a multi-national bank in Singapore.
In a bid to grab a larger pie of the 71,000-crore (Rs 710 billion) auto components segment, the Rs 2,500-crore (Rs 25 billion) Yash Birla group has decided to revitalise its auto tool business by infusing equity capital through an initial public offering (IPO) for a proposed holding company.
A lookout notice has been issued against industrialist Yash Birla in connection with a cheating case registered against his firm Birla Power Solutions, police said.
On a Prayer is a book on Birla's journey from a state of oblivion to survival, where his deep belief in spirituality and his faith in true love act as a crutch for him to go on.
The investigation wing of the Income Tax department on Tuesday conducted searches at about 20 premises of the Yash Birla group in Mumbai and New Delhi for alleged tax evasion.
Salman Khan's 60th birthday party was among the highlights of the year, and expectedly so.
'Established filmmakers want to go with the sequels of earlier hit films like Housefull 5 or Mastiii 4. They don't want to come up with fresh ideas. This is pure laziness.'
Industrialist Yash Birla, as also two Mumbai-based individuals behind City Limousines scam, are among five Indian nationals with Swiss bank accounts.
Known more for his lifestyle than business moves, Yash Birla talks to Bhupesh Bhandari about life and spirituality.
Ajinkya Rahane hits 159 in Ranji Trophy match against Chhattisgarh
As many as 16 wickets fell on the opening day as visitors Hyderabad were left reeling at 88/6 after bundling out Jammu and Kashmir for 170 on the opening day of their Ranji Trophy Elite Group D match in Jammu on Sunday.
Find out who all attended the Lakme Fashion Week in Mumbai on Day Three.
Anany's first live performance was held at Taj Land End, Bandra.
It hopes to enter the business in 9-15 months. "We have plans to enter diesel generator, petrol, LPG and kerosene segment, but it will be too early to comment on any specific deal," said Kalyan Bhattacharya, president and CEO, Birla Power Solutions. "The size of the acquisition will depend on the horse power of the engines manufactured by the company. BPSL is looking at a company manufacturing diesel engines of capacities ranging between 25 horse power and 200 horse power."
The Birla families on Thursday made it clear that they do not want "a rupee" of the assets of the late Priyamvada Birla but they were united to secure the estate for charity.
Manish Malhotra turned 56 on December 5 and film folk trooped in to celebrate with him.
Mumbai is witnessing some big-ticket investments in bungalows by the city's billionaires.
While Shah Rukh Khan was away in Dubai attending the opening ceremony of the DP World International League T20, his family was partying with Kajal Anand, who celebrated her birthday over the weekend.
Isha Koppikar and Timmy Narang celebrated their 10th wedding anniversary with a disco-themed party, and invited their friends over.
Roundup of matches across various venues in the Ranji Trophy 2024-25
Punjab, starting the penultimate day on 73/3 and needing 144 more runs, crumbled under pressure from Sindhu's relentless spin and Jayant Yadav's precise off-spin (3/35 in 10.4 overs), collapsing well before lunch and handing Haryana their second outright win in four matches.
After the dramatic curtain raiser show at the ongoing Lakme Fashion Week, Manish Malhotra called his friends over for a party.
Stars glitter at SRK's Diwali party!
Tiger Shroff and his sister Krishna Shroff hosted the Matrix Fight Night in Mumbai on Tuesday night.
Yet another wedding party for Sonam and Anand!
Dietician to the stars and author Charmaine D'Souza talks about what it takes to stay in shape and more.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances