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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Riding on the success of her microfinance venture and bolstered by the recent acquisition of Sachin Bansal’s Chaitanya, Kumar Mangalam’s daughter is seen as perfectly poised to take the helm at Aditya Birla Capital.
Succession planning is good for any business, especially one as large as the Aditya Birla Group. Chairman Kumar Managalam Birla seems to be doing exactly that, at least in the case of Aditya Birla Capital, the group’s financial services arm.
He is laying the groundwork for the eldest of his three children, Ananya Birla, to take over the financial services business. While work on this front started over a decade ago, it seems to have acquired a sense of urgency in recent times.
Unlike some scions who learn the ropes on the shop floor, Ananya Birla was given her own …
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.
The CEO of the financial services business of the Aditya Birla Group has little to show for her near three years at the helm. That her digital push has turned out to be a dud only makes it worse.
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.
