Grasim Industries

Grasim Industries Limited is an Indian building materials manufacturing company based in Mumbai, Maharashtra. It was started in 1948 as a textile manufacturer. Since then Grasim has diversified into Viscose Staple Fiber (VSF), cement, sponge iron and chemicals

The company is a subsidiary of Aditya Birla Group, which operates over 40 companies in 12 countries on four continents. Grasim is the world's largest producer of viscose rayon fiber with about 24% market share. Textile and related products contributes to 15% of the group turnover.

History

Grasim Industries Limited was incorporated in 1948; Grasim is the largest exporter of Viscose Rayon Fiber in the country, with exports to over 50 countries. Grasim is headquartered in Nagda, Madhya Pradesh and also has a plant at Kharach (Kosamba, Gujarat) and Harihar, Davangere in the state of Karnataka

Aditya Vikram Birla

Aditya Vikram Birla (14 November 1943 – 1 October 1995), was an Indian industrialist. Born into one of the largest business families of India, he oversaw the diversification of his group into textiles, petrochemicals and telecommunications. He was one of the first Indian industrialists to expand abroad, setting up plants in South east Asia, the Philippines and Egypt. His death at the age of 52 left his young son Kumar Mangalam Birla in charge of his group of companies

Early life and education

Birla was born on 14 November 1943 in Kolkata to industrialist Basant Kumar and Sarala Birla. His grandfather Ghanshyam Das Birla was an associate of Mahatma Gandhi and had built his fortune on aluminium prospecting and as the manufacturer of the Ambassador car.

After college in Kolkata, he earned a degree in chemical engineering at the Massachusetts Institute of Technology. He was married to Rajashri and had a daughter Vasavadatta and a son Kumar Mangalam, who now heads the Aditya Birla Group.

Aditya Birla Group

The Aditya Birla Group is an Indian multinational conglomerate named after Aditya Vikram Birla, headquartered in the Aditya Birla Centre in Worli, Mumbai, India. It operates in 40 countries with more than 120,000 employees worldwide. The group was founded by Seth Shiv Narayan Birla in 1857. The group interests in sectors such as viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services, telecom (third largest in India), BPO and IT services.

The group had a revenue of approximately US$41 billion in year 2015. It is the third-largest Indian private sector conglomerate behind Tata Group with revenue of just over US$100 billion and RIL with revenue of US$74 billion.

Non-ferrous metals

The Group's non-ferrous metals are under Hindalco Industries. Its manufacturing locations are primarily in India and it owns mines in Australia. On 11 February 2007, the company entered into an agreement to acquire the Canadian company Novelis for US$6 billion, making the combined entity the world's largest rolled-aluminium producer. On 15 May 2007, the acquisition was completed with Novelis shareholders receiving $44.93 per outstanding share of common stock. The Group plans to close a part of its aluminium foil making mill in UK and shift that to its plant near Nagpur.

John Abraham

John Abraham is the name of:

See also

Times Now

Times Now is a 24-hour English news channel in India. It is owned and operated by The Times Group.

History

The channel was launched in 2006 by Times Global Broadcasting Company Limited, a joint-venture of The Times Group (Bennett, Coleman & Co. Ltd.) and Reuters. Sunil Lulla was hired from the Sony Entertainment Television as CEO. In 2008, Reuters exited the venture by selling back its 25.82 percent stake in Times Global to BCCL.

Associated journalists

Arnab Goswami is the Editor-in-Chief and news anchor of Times Now.

Hector Kenneth is Director of News Operations. After years as a journalist, he came into prominence for his reports from the Gaza Strip. Hector began his career in sports.

Maroof Raza is the consultant and strategic affairs expert.

Distribution

Along with the other Times group channels (Zoom, ET Now and Movies Now) Times Now is distributed by Media Network and Distribution (India) Ltd (MNDIL), which is a joint venture between The Times Group and Yogesh Radhakrishnan, a cable and satellite industry veteran, under the brand Prime Connect.