Aditya Birla Sun Life AMC is on a slippery slope
Poor investment decisions and chronic underperformance have led to the Aditya Birla Group’s mutual funds business steadily losing assets under management as well as market share.
21 February, 2023•11 min
0
21 February, 2023•11 min
0
More in Business
Business
Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
You may also like
Internet
Aditya Birla Capital’s digital makeover is glitchy, expensive
The financial services major is being weighed down by its digital arm’s lacklustre performance.
Internet
JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness
The two IPO-bound startups are showing signs of a slowdown and will be looking over their shoulders as online B2B marketplaces launched by the conglomerates grow fast.
Business
Exclusive: SBI MF dusts off plans for a mega IPO
SBI is in discussions with its French partner on the contours of a near Rs 20,000-crore listing of the mutual fund house. But challenges in the form of a unique shareholder agreement and the recent poor performance of the AMC could derail plans.