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Mangalam Birla: Latest News

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19.05.2021 / 12:21

Pandemic highlights society, cos' role in creating better outcome: KM Birla

Kumar Mangalam Birla said Wednesday.Speaking at a virtual event of BITS School of Management (BITSoM), Birla said the second wave of the coronavirus pandemic has been far more brutal and has tested our collective resilience. And the only way to beat the virus is through science and collaboration, he said.“The pandemic and the last 12 months have again shone a spotlight on not just the role of nations, but of societies, companies, and individuals in creating better outcomes for all of us," Birla said in his speech.“I recognize that we are connecting at a time when an invisible virus has upended all our lives, yet again.

India virus pandemic Waves

Despite covid, India's long-term potential intact: KM Birla

MUMBAI : Despite the slump in Q1, activity levels are gradually normalising, Kumar Mangalam Birla, Chairman of the Aditya Birla group, told shareholders of Grasim on Monday. Citing the International Monetary Fund’s forecast that India’s GDP growth will rebound to 6% in FY22, Birla said he is confident in the country's long-term growth potential.“The Indian economy delivered a subdued performance in the last fiscal year with FY20 GDP growth falling to 4.2% primarily led by manufacturing and construction sector weakness.

India city Mumbai innovations economy Government

Hindalco to recover to pre-Covid levels by H2FY21: Birla

Mumbai: Hindalco Industries Ltd expects its second quarter performance will pave the way to recovery as all of its aluminium upstream plants continue to operate at near full capacity. In a speech to shareholders at the annual general meeting, Kumar Mangalam Birla, Chairman of the Aditya Birla group, said that with all logistics infrastructure coming back on track, its aluminium production is recovering rapidly to pre-Covid levels.“All aluminium downstream plants are operating at partial capacity to meet market conditions.

India city Mumbai

India's GDP may contract in FY21 due to COVID-19 but quick rebound likely: Birla

lockdown have triggered a once-in-a-century crisis that may contract India's economy in 2020-21, Hindalco Industries chairman Kumar Mangalam Birla said. "It is estimated that about 80% of India’s GDP originates from districts which were classified under red and orange zones during the lockdown, where economic activity remained severely constrained," Birla said in a letter to shareholders on Sunday.

India covid-19 pandemic economy crisis

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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