Industrialist, Educationist Basant Birla passes away

NPnews24 online : Businessman Basant Kumar Birla, patriarch of the Birla group died at the age of 98,he was 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 manages to earn Rs 4,000 in the first year itself which made him pay taxes. Birla was the chairman of Century Textiles and Industries, and had been active in business since the age of 15.starting with his stint he was instrumental in a slew of business initiatives.

Specifically, he tapped into opportunities in sectors like cotton, viscose, polyester and nylon yarns, tyrecord, plywood or etc.

He also wrote several books, including an autobiography entitled Svantah Sukhaya.