Aditya Birla Group’s private equity business on a standstill

By Bruhadeeswaran R

  • 21 Oct 2019
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Credit: 123RF.com

The alternative investment business of Aditya Birla Private Equity, part of the Kumar Mangalam Birla-led diversified group, has hit a virtual sandbar. After the group’s private real estate investment unit failed to return capital to its investors, the sector-agnostic private equity business is now floundering as the third fund remains a ......

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