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A record year for Murugappas

With remarkable top and bottom line numbers 2017-18 had been a record year the Murugappa Group. Net sales grew 13 per cent to Rs. 32,893 crore while EBITDA increased 14 per cent to Rs. 4663 crores. The group, comprising 28 businesses, has nine listed companies focusing on agriculture, engineering and

Remembering M V Arunachalam

M V Arunachalam could be termed the most familiar public face of the Murugappa group of companies. Along with his uncles AMM Murugappa Chettiar and AMM Arunachalam, he formed the triumvirate that managed and expanded the group in the initial decades. This post graduate of the Madras University was quite

A couple made for each other

For someone who has so strikingly documented 5000 years of Indian history, 500 years of medieval India, 50 years of independence and 5 years of liberalisation in the documentary 5555, talking of seven decades of his life should be easy. The innovative S Krishnaswamy (Babu) combined this autobiography with the biography

Amazing versatility

OMG. What a prolific writer! And what a vast range of subjects he dealt with in his inimitable style! His in-depth research on the great Chola kings, Rajaraja and Rajendra. His prolific writings on religion from Mahabaratham to Thevaram and Thiruvasagam. His elegant handling of contemporary subjects like industrial strife and

Deal with Sterlite as Jayalalithaa did with Koodankulam

In our last issue (IE- May 2018) we pointed to Tamil Nadu earning the notoriety as the agitation state of India. This is largely a result of the absence of decisive action by the government. Almost every opposition party along with other interested groups jump into the fray at every opportunity.

Merge NIC and OIC with UII…

This second largest general insurance company has strong credentials to get the other two public sector GI companies merged with this. The 14-storey new building under construction is ready for this! Public sector General insurance companies have been bleeding due to continuing adverse claim ratios and intense competition resulting in rate

A case for simultaneous elections

With every election to a state, the quality of campaign deteriorates. In the race-to-the-bottom, all civility is thrown to the winds. Look at the address of Congress President Rahul Gandhi after BJP’s Yeddyurappa resigned his two-day term: “Prime Minister Modi will accept a man accused of murder as the President of