With Aditya Birla Capital infusion, Kumar Mangalam goes for an image makeover

By bringing in a big chunk of fresh equity, the promoter addresses investors’ concerns about his reluctance to commit his own funds. The question is, will it be enough?

27 June, 202312 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
With Aditya Birla Capital infusion, Kumar Mangalam goes for an image makeover

You may also like

Business
Story image

Sunil Mittal wants to create another Bajaj Finance. Can he?

Bharti Airtel’s ambitious plan for Airtel Money is a result of excess cash. The NBFC’s success will depend on how the parent battles the formidable rivals and India’s data privacy regulations.

Business
Story image

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.

Internet
Story image

Aditya Birla Capital’s digital makeover is glitchy, expensive

The financial services major is being weighed down by its digital arm’s lacklustre performance.