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{{Short description|Indian industrial conglomerate}} | |||
{{EngvarB|date=January 2014}} | {{EngvarB|date=January 2014}} | ||
{{Use dmy dates|date=January 2014}} | {{Use dmy dates|date=January 2014}} | ||
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| products = Steel, Information technology, Education, [[Textiles]], Publication, Lifestyle, Travel & [[Electrical power industry|Power]], [[Financial service]], Infrastructure, | | products = Steel, Information technology, Education, [[Textiles]], Publication, Lifestyle, Travel & [[Electrical power industry|Power]], [[Financial service]], Infrastructure, | ||
| services = | | services = | ||
| revenue = {{INRConvert|30|b}}<ref>{{cite | | revenue = {{INRConvert|30|b}}<ref>{{cite news|url=http://www.business-standard.com/india/news/yash-birla-group-to-invest-rs-5500-cr-in-power-lifestyle/388957/ |title=Yash Birla Group to invest Rs 5,500 cr in power, lifestyle |newspaper=Business Standard India |publisher=Business-standard.com |date=18 March 2010 |access-date=9 January 2011}}</ref> | ||
| operating_income = | | operating_income = | ||
| net_income = | | net_income = | ||
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'''Yash Birla Group''' is Indian industrial [[Conglomerate (company)|conglomerate]] group based in [[Mumbai]], [[Maharashtra]].<ref>{{cite web|url=http://www.yashbirlagroup.com/index.php/main/index/Contact_Us_1 |title=The Yash Birla Group |publisher=The Yash Birla Group |date=29 January 2009 |access-date=9 January 2011}}</ref> Its chairman Yashovardhan Birla, is a member of the [[Birla family]]. The group has diversified interest in industries like steel pipes, [[machine tools]], cutting tools, tool holders, iron castings, power solution{{buzzword inline|date=September 2019}} products, multipurpose engines pumps, electrical appliances, textiles, carpets, furnishing, lifestyle, infotech, publication, travel, electricity, property development, cotton ginning etc.<ref>[http://articles.economictimes.indiatimes.com/2013-01-11/news/36279981_1_birla-power-solutions-pvr-murthy-defaults Lenders file suits against Birla Power for payment defaults - Economic Times<!-- Bot generated title -->]</ref> | '''Yash Birla Group''' is Indian industrial [[Conglomerate (company)|conglomerate]] group based in [[Mumbai]], [[Maharashtra]].<ref>{{cite web|url=http://www.yashbirlagroup.com/index.php/main/index/Contact_Us_1 |title=The Yash Birla Group |publisher=The Yash Birla Group |date=29 January 2009 |access-date=9 January 2011}}</ref> Its chairman Yashovardhan Birla, is a member of the [[Birla family]]. The group has diversified interest in industries like steel pipes, [[machine tools]], cutting tools, tool holders, iron castings, power solution{{buzzword inline|date=September 2019}} products, multipurpose engines pumps, electrical appliances, textiles, carpets, furnishing, lifestyle, infotech, publication, travel, electricity, property development, cotton ginning etc.<ref>[http://articles.economictimes.indiatimes.com/2013-01-11/news/36279981_1_birla-power-solutions-pvr-murthy-defaults Lenders file suits against Birla Power for payment defaults - Economic Times<!-- Bot generated title -->]</ref> | ||
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>{{cite web |url=http://www.bseindia.com/scripsearch/scrips.aspx?myScrip=birla&Submit=GO&selScrip=0&flag=sr&navigate=S |title=BSE - Scrip Search |website=www.bseindia.com |url-status=dead |archive-url=https://web.archive.org/web/20081025061653/http://www.bseindia.com/scripsearch/scrips.aspx?myScrip=birla&Submit=GO&selScrip=0&flag=sr&navigate=S |archive-date=2008-10-25}} </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. | 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><ref name=autogenerated1 /><ref name=autogenerated3 /><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>` | ||
==Subsidiaries== | ==Subsidiaries== | ||
'''Zenith Birla (India) Ltd:''' Zenith Birla (India) Limited was incorporated in 1960 and commenced its commercial production in 1962. ZBIL, a flagship company of Yash Birla Group is a pioneer in Manufacture and Exports of Steel Pipes, Tubes and Hollow Sections from India. The Company's plants are located at Khopoli, Tarapur & Murbad. The Khopoli Plant has a complete Manufacturing and Residential complex for its employees with facilities of School, Club House, Guest House, Temple and Auditorium.<ref>http://www.yashbirlagroup.com/</ref><ref>[http://economictimes.indiatimes.com/news/news-by-industry/cons-products/electronics/Yash-Birla-Group-set-to-re-establish-appliances-biz/articleshow/6033033.cms Yash Birla Group set to re-establish appliances biz - The Economic Times<!-- Bot generated title -->]</ref><ref>[https://web.archive.org/web/20100917002812/http://www.hindu.com/2010/02/04/stories/2010020458380200.htm The Hindu : Andhra Pradesh / Hyderabad News : Yash Birla group forays into education<!-- Bot generated title -->]</ref> | '''Zenith Birla (India) Ltd:''' Zenith Birla (India) Limited was incorporated in 1960, and commenced its commercial production in 1962. ZBIL, a flagship company of Yash Birla Group, is a pioneer in Manufacture and Exports of Steel Pipes, Tubes, and Hollow Sections from India. The Company's plants are located at Khopoli, Tarapur & Murbad. The Khopoli Plant has a complete Manufacturing and Residential complex for its employees with facilities of School, Club House, Guest House, Temple and Auditorium.<ref>http://www.yashbirlagroup.com/</ref><ref>[http://economictimes.indiatimes.com/news/news-by-industry/cons-products/electronics/Yash-Birla-Group-set-to-re-establish-appliances-biz/articleshow/6033033.cms Yash Birla Group set to re-establish appliances biz - The Economic Times<!-- Bot generated title -->]</ref><ref>[https://web.archive.org/web/20100917002812/http://www.hindu.com/2010/02/04/stories/2010020458380200.htm The Hindu : Andhra Pradesh / Hyderabad News : Yash Birla group forays into education<!-- Bot generated title -->]</ref> | ||
* Birla Pacific Medspa -Bse India -stock | * Birla Pacific [[Medspa]] -Bse India -stock trading was suspended due to non-compliance from June 2015. | ||
* Birla Power | * Birla Power | ||
* Birla Infrasolutions Ltd | * Birla Infrasolutions Ltd | ||