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The small step that proved a giant leap

The present efforts at consolidation of the PSBs, merging them to larger sizes, and the resort to technology and digital cashless transactions could mark another quantum jump in banking practices. Bureaucrat G Ramachandran in his Memoirs, Walking with Giants, reminisced on the trigger for bank nationalisation: in the late 1960s as

Tectonic transformation of Trichy-II

In the IE February issue, we presented the first part of Dr. V Krishnamurthy reminiscing his tryst with Trichy. The BHEL-Trichy experience was invaluable for his building BHEL as a significant power equipment conglomerate, Maruti Udyog that quickly became a game changer and the public sector SAIL emerging a steel

Build special bilateral cooperation

The British Business Group, Chennai, promotes business between UK and India. BBG has as its members business leaders, expatriates of companies engaged in manufacture or trade as also experts with in-depth knowledge on Britain. I was invited by BBG to address on British business in Chennai. Travelling down memory lane,

MuKa: the last of the Tamil Titans

In the demise of DMK supremo M Karunanidhi (MuKa) Tamil Nadu has lost one of its tallest leaders. Multifaceted is the right description for him – journalist, writer, litterateur, poet, playwright, orator, organiser,  strategist, politician, administrator, rationalist, parliamentarian... all rolled in one. In each of these attributes, Karunanidhi excelled. Muthuvel Karunanidhi (Mu

Applauding southern stars…

On 15 March 1993 IE celebrated its silver jubilee. IE thought of a plan to applaud business excellence. We decided to limit it to a southern corporate. The reason: in terms of size the southern corporates were relatively small. Family-dominated southern companies with modest sizes and with lack of culture for

From Maths To Economics

How a chance encounter led me to change professions and launch Industrial Economist. In 1962, a chance encounter with publisher Krishna Srinivas, a poet of considerable merit, changed my destiny. KSri, as we called him, published a hand-composed journal titled Indian Industries. The magazine fascinated me and I offered to help