Assets under management of over Rs 80,000 crore, market share of 25 per cent in pre-owned commercial vehicles, large customer base in excess of 11 lakh, employee strength of 16,290, an extensive distribution network of 719 branch offices and 672 rural centres, an unbroken record of growth of over 35 years, Shriram Transport Finance Corporation (STFC), part of Shriram Capital Ltd., is the most shining example of the evolution of a finance services company.
At the base of the success lies the ability of the promoters to draw out the innate burning desire of truck operators to emerge entrepreneurs, effectively leveraging the rich propensity for savings and investment.R Thyagarajan (RT), Founder - Chairman and principal architect of the strident growth of the Shriram Group, pointed to the environment in Tamil Nadu as favou
Dr. A P J Abdul Kalam, India’s missile man, the one who adorned the office of presidency with rare dignity and grace, is no more. From newspaper boy to first citizen, from Rameswaram to Raisina Hills, his journey is the stuff of dreams and is a testimony to India’s vibrant democracy.
TAMIL NADU is the top destination for tourists both domestic and foreign. The tourism department with its motto ‘All seasons, all budget tourist destination,’ takes liberal recourse to technology; the e-governance initiatives of the Tamil Nadu Tourism Development Corporation (TTDC) have been way ahead of other states.
Critical of poor innovation by Indian institutes of higher education, including the Indian Institute of Science (IISc), Infosys’ N R Naraya-
namurthy said in his address at the recent IISc convocation: “almost all inventions such as cars, electric bulbs, radio, television, computers, Internet, MRI, laser, robots happened thanks to the research by western universities.
R Seshasayee (RS) is an important architect of the commercial vehicles giant Ashok Leyland (AL) and who helped the Hinduja group to diversify and to forge collaborations with global giants like Nissan, John Deere... The past president of CII and SIAM, is known for his articulation and original thinking on development issues.
The Vyapam Scam operated exactly like a mafia ring with sophisticated systems in place. It had a centralised chain of command with the ring master at the top and differentiated delegation of authority for its henchmen and supporting staff.
The Union Government of India on 17 December 2012 lowered down the growth projection for the current financial year 2012-13 from 7.6 percent that was estimated earlier to 5.7-5.9 percent. The projection was showcased in the Mid-Year Economic Analysis. Where was this Mid-Year Economic Analysis tabled?
None of these
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.