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Make way for the new and dynamic railways Big-ticket investments march towards Punjab TVS Logistics – another acquisition to sharpen the business model Applauding enterprise... Climate change may change the way businesses work... Illicit markets a concern to growing economy WABCO’s second Chennai plant Airlines wage price war Realising double digit growth in Tamil Nadu ALL-two launches in a row Pharma market dozes Industry-well poised to invest on expansion Purdue and IIT-M sign the dotted line OBO Bettermann for better lightning protection ECGC expands operations Gem of social service... Durga - India’s largest blast furnace; now operational IFCI to raise NCDs upto Rs 2000 crore Business Breif Rating of states to be released soon Business Briefs Innovation that helped Chennai port Waste, a gold mine Inclusive and forward moving... On the ‘milky’ way Changing dynamics in human resource management SumInfra- corridor based development... Holiday Inn opens in OMR Chennai Investor friendly Japan Chennai will soon get its World Trade Centre Economic, business and social sustainability Hero Motocorp - smooth ride STFC raises money TiE applauds innovative entrepreneurs Flexible labour laws… Time to fast-pace the logistics sector World labour laws at a glance ALL – truck industry is recovering from degrowth Placing the right shoe forward... Celebration time at MS Chola The new look- 4s Verna Hyundai excites again AirAsia India infuses funds to fight out competition Digital retail transactions stabilise at higher level… Auto test tracks launched at GARC Oragadam campus Connecting the unconnected Tata Steel commence operations at Kalinganagar Chola MS net crosses 100 crores Reality bytes Three more leather clusters… Housing Innovation Challenge, 2015 European crisis is a global crisis! Scoot offers just Rs.13,500 to ANZ... Downsizing spree... More gensets and diesel engines from TAFE People Flow Day- Safety Nothing to hide... Secured NCDs from Shriram City Towards peace of mind Indigo stays leader with 40 per cent share Schwing Stetter India joins hands with US-based Gomaco Techies trip to India Murugappa- a year of consolidation Bridging the skill deficit in pharma industry Chola MS launches motor app Automotive Vision Plan II... LVB gears to become a financial supermarket - Is Indian telecom industry heading for a monopoly? Chennai Port is at last decongested! TII’s single largest investment at Thiruthani Curbing steel imports will hurt small business... Backpack laboratory Indian Bank – global businesses crosses Rs 3 lakh crore... Brand leaders come forward... Ridley marathon to India An aerospace-defence cluster in Tamil Nadu… An American alliance in the chemical industry? Creating Tamil Nadu Banana brand Nigeria comes nearer Chennai to get a roundabout Metro CUB: towards card-less withdrawal TCS’ revenues cross Rs 100,000 crore TII-challenging year with flat growth Strategy war escalates between Hero and Honda Steel loses its sheen Sun Edison launches solar pumps Veritas Finance- financing the unfinanced Need to focus on ease of doing business... TOP 10 CEO Compensation Well-refined – RIL’s refinery margins zoom ISRO's 100th mission Blue Star plans a new plant in south Dynamic e-commerce scenario Focus on self-certification and third party inspection Four daughters and a proud father Striking cords for 25 years… ALL to launch electric busses When Centre visits the state Research needs more funding Smart controls for cooling large multi-zone spaces ... A global plastic event in India Apple maps – finding its way TN budget pragmatic and moderate on fiscal deficit BRICS development bank Carrefour’s quick exit Realty sector takes a break... Celebrating 180 years of relevance Economic issues take a back seat at G20 summit Adding Zest to Scooty
 
Four daughters and a proud father

Father of multi speciality hospitals in India, Prathap C Reddy, has gifted the Apollo empire to be largely run by his princesses. The octogenarian, in a management change, brought his four daughters into top controlling positions; altogether they own 34 per cent. At the helm, is still the founder who has hinted at his first daughter, Preetha Reddy to be his heir. She, along with the third daughter, Shobana Kemineni, became executive vice chairpersons from executive directors. Suneeta Reddy and the youngest daughter, Sangita Reddy, are now the managing director and joint managing director respectively.

This management change has already unfolded future plans for the empire: adding 2685 beds across 13 hospitals at a cost of Rs 2400 crore and opening up five cancer and heart speciality hospitals across India. Asia’s largest healthcare group witnessed commendable growth in the last few years. Since 2007 revenue has doubled to over Rs 4000 crore and profits tripled to over Rs 350 crore.

With over half of the employees being women, the group now has over 15 per cent women at top level positions. While the tenure of Shobana as exec-VC is uptill Jan 2015, the others will be in their position until Feb 2016.

 

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