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B K Birla, businessman and builder of educational institutes, dies

Basant Kumar Birla passes away in Mumbai. He was 98.

File photo of Basant Kumar Birla. Photo: Wikimedia Commons
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File photo of Basant Kumar Birla. Photo: Wikimedia Commons

Kunal Bose
Businessman Basant Kumar Birla, patriarch of the Birla group , died in Mumbai on Wednesday, news agency PTI reported. He was 98.

Basant Kumar, popularly known as BK, was a school-going 13 year old when he was told by his uncle Brij Mohan (BM) Birla that it was time for him to earn pocket money by buying and selling shares. He did not do badly managing to earn some Rs 4,000 in the first year itself which made him pay taxes. As was the culture in Marwari community then, the youngest of three sons of Ghanshyam Das (GD) Birla was
Topics : Birla Group