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Welcome changes that testify to Jayalalithaa’s return to health The Ports’ Pasha expands into Tamil Nadu Scientists urged to take up farmer-oriented research Welcome GST Land reclamation from sea appears cheaper! Permanent secretariat for TN GIM Delhi Chalo... Welcome focus on core competence Fortune 500 review When nations steal growth from one another… Like Hinduism: many paths to reach God... When small is no larger beautiful.. Pharma – overdose of copying S V Raju – a ‘good’ true liberal Modi storms Silicon Valley Where a state respects its litterateurs… Tribute – M V Murugappan Editor's Says Welcome thrust on trade in Modi’s foreign visits... Tatas moving out of urea production... The balancing act There was flood of milk. Reason: no milk commissioner! Cleaning Ganga – relocate tanneries and install electric crematoria The star of Spencers is no more Five star activism stalls development activity Robber barons everywhere Music happens Banning booze... Making ‘my Amaravati’... L&T- the specialty of special purpose vehicles Which side are you, Montek? Why this malaise in medical education? Rahman at CIC A friendly business group Tribute EVM is tamper-proof Marketing expert Balagopal is no more Limit foreign borrowings to hi-tech, export potential projects... Delhi returns to BJP Muffled voices for merit… Don’t seem to feel the pulse… Editor's Notes The why of tax incentives An informal presentation - analytical, forward locking... Shanti and Sadhana through Music TN accounts for the largest recruits by the IT sector Revive development banks... S Ramanathan – a versatile musician, musicologist TELANGANA at last…BUT An inexplicable neglect GM Technology at last! The ‘Ayyo-yes’ is no more The sea- saw battle continues... Cement prices continue to rise… Haul over the coal Lalu’s envy, India’s pride Why land prices zoom in TN? 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Colour-Chem’s colourful KRVS

He assembled a galaxy of chemical professors – Dr T R Govindachari, Dr G S Ladha, Dr M Santhappa and Dr K Narayanan - with the business doyen S Narayanaswamy (Chitra & Co) as Chairman, for the Board of Directors of Vanavil Dyes and Chemicals Ltd, a subsidiary of Colour-Chem Ltd. I recall the ride from Chennai to Cuddalore in a bus along with this galaxy to cover an annual general meeting of VDC. There was no dull moment in the six hour trip with each celebrity coming out with a brilliant story now and then!  

In the demise of K R V Subrahmanian (KRVS) who worked for Colour-Chem for 37 years rising to the position of Vice Chairman and Managing Director, the country has lost a multi-faceted, colourful personality.  Colour-Chem was then an associate of Bayer AG and Hoechst AG, the German chemical giants that helped transfer chemical technology from Germany to India.

KRVS, a post-graduate in economics from Madras University, had management education from Urwick Orr and Partners, UK and the Columbia University, USA. He was widely involved in marketing and general management that extended to banking, mutual funds and corporate finance. KRVS headed with distinction the Indian Chemical Manufacturers Association, Bombay Chambers of Commerce and Industry and the Indo-German Chamber of Commerce and was on the Board of several companies.

IE had interacted with KRVS, especially after he expanded operations to the south through Vanavil Dyes and Chemicals. I remember his expressing concern over the race for high pay packets triggered by the financial services sector: “it distorts the entire gamut of employee compensation. After all, there is a limit to the value addition brought about by finance services companies. Look at the exotic wage compensation, of $300,000 p.a, for a chief executive of a financial services company! What is he/she going to produce for this price? Exotic jumps in production and productivity are not possible in manufacturing operations. After all, the financial services sector has to be paid ultimately by the manufacturing sector,” he said in an interview to IE.

KRVS was accessible and had mentored many on vital management functions. IE records its condolence to the family of this accomplished business leader.

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