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The Group traces its origins to the businesses started by various members of the [[Birla family]]. | The Group traces its origins to the businesses started by various members of the [[Birla family]]. | ||
The group today has 10 publicly listed subsidiaries in India.<ref>http://www.bseindia.com/scripsearch/scrips.aspx?myScrip=birla&Submit=GO&selScrip=0&flag=sr&navigate=S</ref><ref>[http://www.moneylife.in/article/yash-birla-group-companies-in-deep-trouble/33259.html Yash Birla Group companies in deep trouble? - Moneylife<!-- Bot generated title -->]</ref><ref>[http://www.moneylife.in/article/how-to-get-your-money-back-from-yash-birla-group-companies/34593/44514.html How to get your money back from Yash Birla group companies - Moneylife<!-- Bot generated title -->]</ref><ref>[http://www.complaintboard.in/complaints-reviews/zenith-birla-l253496.html zenith birla Complaints<!-- Bot generated title -->]</ref><ref name=autogenerated2 /> | The group today has 10 publicly listed subsidiaries in India.<ref>http://www.bseindia.com/scripsearch/scrips.aspx?myScrip=birla&Submit=GO&selScrip=0&flag=sr&navigate=S</ref><ref>[http://www.moneylife.in/article/yash-birla-group-companies-in-deep-trouble/33259.html Yash Birla Group companies in deep trouble? - Moneylife<!-- Bot generated title -->]</ref><ref>[http://www.moneylife.in/article/how-to-get-your-money-back-from-yash-birla-group-companies/34593/44514.html How to get your money back from Yash Birla group companies - Moneylife<!-- Bot generated title -->]</ref><ref>[http://www.complaintboard.in/complaints-reviews/zenith-birla-l253496.html zenith birla Complaints<!-- Bot generated title -->]</ref><ref name=autogenerated2 /> | ||
The group is currently facing major financial and legal bottlenecks.<ref name=autogenerated2>[http://articles.economictimes.indiatimes.com/2013-06-01/news/39674913_1_birla-power-pvr-murthy-birla-pacific-medspa Yashovardhan Birla resigns from boards of four listed group companies - Economic Times<!-- Bot generated title -->]</ref | The group is currently facing major financial and legal bottlenecks.<ref name=autogenerated3 /><ref name=autogenerated1 /><ref name=autogenerated2>[http://articles.economictimes.indiatimes.com/2013-06-01/news/39674913_1_birla-power-pvr-murthy-birla-pacific-medspa Yashovardhan Birla resigns from boards of four listed group companies - Economic Times<!-- Bot generated title -->]</ref><ref>[http://www.business-standard.com/article/companies/yash-birla-firm-faces-rs-1-000-cr-loan-recall-113041500377_1.html Yash Birla firm faces Rs 1,000-cr loan recall | Business Standard<!-- Bot generated title -->]</ref> | ||
In June 2013, the group was declared a NPA account for non payment of dues. Further in 2016, [[UCO Bank]] also published a notice indicating Birla as defaulter. On 16 June 2019, he was declared wilful defaulter by the bank with outstanding dues of over 67 crores.<ref>{{Cite web|url=https://qz.com/india/1645664/the-fall-of-yash-birla-declared-wilful-defaulter-by-uco-bank/|title=A flamboyant Indian industrialist is now chased by a bank his ancestor founded|last=Tanwar|first=Sangeeta|website=Quartz India|language=en|access-date=2019-06-18}}</ref>` | In June 2013, the group was declared a NPA account for non payment of dues. Further in 2016, [[UCO Bank]] also published a notice indicating Birla as defaulter. On 16 June 2019, he was declared wilful defaulter by the bank with outstanding dues of over 67 crores.<ref>{{Cite web|url=https://qz.com/india/1645664/the-fall-of-yash-birla-declared-wilful-defaulter-by-uco-bank/|title=A flamboyant Indian industrialist is now chased by a bank his ancestor founded|last=Tanwar|first=Sangeeta|website=Quartz India|language=en|access-date=2019-06-18}}</ref>` | ||