Yash Birla Group

{{Short description|Indian industrial conglomerate}}

{{EngvarB|date=January 2014}}

{{Use dmy dates|date=January 2014}}

{{Infobox company

| name = The Yash Birla Group

| logo = Yash Birla Group (logo).jpg

| type = Public company ({{BSE|500335}})

| genre =

| foundation = {{start date and age|1980s}}

| founder = Raja Baldeo Das Birla

| location_city = Mumbai

| location_country = India

| locations =

| area_served = Worldwide

| key_people = Yashovardhan Birla (Chairman){{cite web|url=http://www.thehindubusinessline.com/2009/05/08/stories/2009050851871500.htm |title=Yash Birla group plans to set up 200 schools |publisher=The Hindu Business Line |date=8 May 2009 |access-date=9 January 2011}}

| industry = Conglomerate

| products = Steel, Information technology, Education, Textiles, Publication, Lifestyle, Travel & Power, Financial service, Infrastructure,

| services =

| revenue = {{INRConvert|30|b}}{{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}}

| operating_income =

| net_income =

| assets =

| equity =

| owner =

| num_employees = 3,363 (2010)

| parent =

| divisions =

| subsid = Melstar Information Technologies, Birla Shloka Edutech[http://www.mid-day.com/news/2013/jun/100613-yash-birla-slapped-with-rs-2-crore-cheating-case.htm Yash Birla slapped with Rs 2-crore cheating case][http://www.consumercomplaints.in/business-finances/birla-power-solutions-ltd-c794268 Birla Power Solutions Ltd. - FD Interest]

| homepage = {{URL|yashbirlagroup.com}}

| footnotes =

| intl =

}}

Yash Birla Group is Indian industrial conglomerate group based in Mumbai, Maharashtra.{{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}} 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.[https://web.archive.org/web/20130419012426/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]

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.{{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}}[http://www.moneylife.in/article/yash-birla-group-companies-in-deep-trouble/33259.html Yash Birla Group companies in deep trouble? - Moneylife][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][http://www.complaintboard.in/complaints-reviews/zenith-birla-l253496.html zenith birla Complaints]

The group is currently facing major financial and legal bottlenecks.[https://web.archive.org/web/20130607204239/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][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]

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.{{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|date=17 June 2019 |language=en|access-date=2019-06-18}}`