Ad Here  
B H Kothari - a tribute TN-leverage strength of BHEL, NLC... Come elections, come advertisements... Align crops to agro climate endowments… China invests in India All eyes on Sankara Nethralaya Alexa – Talking Wikipedia Bihar – Nitish Kumar adopts the Lalu model No mega rail project for Tamil Nadu Why this malaise in medical education? A friendly business group IPL type auction for VCs? Welcome changes that testify to Jayalalithaa’s return to health Inflation: are we emulating Argentina and Brazil? Telangana in top gear… When TN politicians can emulate Kerala's Mersal magnified Robber barons everywhere Quality silica from Neyveli Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Land reclamation from sea appears cheaper! S V Raju – a ‘good’ true liberal Parliament in paralysis... Tribute CII projects higher growth… Solar, solar everywhere … Which side are you, Montek? IAS invades NDDB... Adapt Vajpayee dinner diplomacy Intellectual of rare qualities CSR and CMI: promise of another Srinivasan Ramanujan... …and of a popular trade leader Cleaning Ganga – relocate tanneries and install electric crematoria Naidu’s return augurs well for Seemandhra No Maha Koottani in TN... Dr C Rangarajan returns to Chennai Tough task taking states together GM Technology at last! The star of Spencers is no more Readers' Mail He saved millions from starvation... The Jan Dhan bonanza Valli, they are more marginalised The why of tax incentives Gas is the way forward L&T- the specialty of special purpose vehicles Computation of GDP – conundrums continue EVM is tamper-proof For whom the bell tolls? TIAM turns a full cycle Noble nonagenarians... Editor's Notes Strengthen the base... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated The Ports’ Pasha expands into Tamil Nadu PC’s preference for professionals Music happens Welcome thrust on trade in Modi’s foreign visits... Rahman at CIC Tax agriculture Fall in crude prices help in oil sector reform Welcome GST Protest masters... Moily’s bold thrust Airlines in India: cost and space The power-full Hindujas Mu Sigma – is no more New IT products of Ramco in the pipeline… The Gulf aviation boom This scant respect for Law Demise of a media baron... When Ratan Tata visited SRM The few handicaps... Silver Years of Madras Musings Preserving for the future A glass full of corruption Revving up the manufacturing sector Put expensive assets created to use... Tihar, Puzhal not different from Parappana Agrahara Shale gas and its shallow future More Shakti to resource mobilisation... EEC at the National Media Centre Tribute – UCAL Selvan… Fuel for thought Solar thermal shines… Eternal support for capitalisation of PS banks He continues the focus on social amelioration The nuclear option Tatas moving out of urea production... Making ‘my Amaravati’... Modi and the lady A welcome initiative by the judiciary Wanted: a second airport for Chennai Secularism and anti-Hinduism Adharma of opposition politics A rich pool of talent not utilised…. When nations steal growth from one another… TELANGANA at last…BUT Another Indian music maestro at the UN Fortune 500 review More Shakthi to Das’ elbow The brown list of Venkitaramanan Quality education through the PPP mode L&T: focus on infrastructure and more infrastructure… Remembering Indira Sivasailam... Sweet news for TN sugar mills Lesson from Chandrababu Naidu Roaring Ro-Ro facility Shaming of Tamils by Tamil farmers at Delhi Marketing expert Balagopal is no more Discoms deserve better… Godspeed, Chief Minister JJ IPL - no surprise this scam Delhi Chalo... Modi storms Silicon Valley Paytm karo... When small is no larger beautiful.. WTO Meet: resolved to meet again Cement prices continue to rise… A C Muthiah – his munificent bequeaths to science A Grand Finale for SN’s MS centenary at the US… The ‘Ayyo-yes’ is no more Sri Lanka votes for change Road development slows down Editor's Says Medical costs hit the roof... Like Hinduism: many paths to reach God... The balancing act Fortune for Indian Airlines Polls and promises Revive development banks... Maximising the micro pricing … Delhi is distant… Auto components surge… A more liberated TN… The ‘Jayanthi Tax.’ Bihar elections - the Rajaji formula worked Boy, can you beat these? Tribute – Manikam Ramaswami Engineering seats go abegging Permanent secretariat for TN GIM An enemy’s enemy is a friend Padma Bhushan for A Ramakrishna More heat than light to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Build close rapport with business leaders A yen for wastage… Five star activism stalls development activity Funding the un-funded No engine for this car SoA @ 80 Tatas moving out of urea production... R Sridhar steps down as CEO of Shriram Capital Limit foreign borrowings to hi-tech, export potential projects... Cutting the nose to spite the face Multi-faceted Venkat Why land prices zoom in TN? TGS- The king storyteller Waning interest in public discussions… Russi Mody – a tribute CIPET hqrs to stay at Guindy – for the present? A professional at the helm of IRDA... Nuclear power at the nucleus CRS, a jewel among managers, is no more. Liberal imports idling indigenous capacities Don’t seem to feel the pulse… Tribute – M V Murugappan More tributes to GR Delhi returns to BJP Delhi is distant Plummeting profits of PSBs Where is Rajaji? TN accounts for the largest recruits by the IT sector Reliance’s TV – 18 ready to launch Tamil News Channel Kulandai was a giant Muffled voices for merit… Vibrant Gujarat Insurance companies bleeding, yet no decision on increasing FDI limit! Return to king coal for urea... Increasing non co-operation of state leaders When the President was rendered homeless… ONGC at KG Basin Lalu’s envy, India’s pride The sea- saw battle continues... Small units prefers to remain small... Pharma – overdose of copying A proud Madrasi An inexplicable neglect Not just in-laws (and outlaws); they’ve renowned academics at the helm! The Swadeshi Trump Shipping woes of Chennai companies PPP mode for upgrading Corporation Hospitals Diamond jubilee of Egmore Samskrt School West Bengal: mindless malignancy Towards speedy justice Rs.1600 crore paper board plant of TNPL The rise and rise of KCP Poor representation for Kerala and TN in Cabinet For whom the MIDS bell tolls? Things happen by accident and not by design... How Air-India loses customs... Where a state respects its litterateurs… Kudos to NDTV... MHC should not return to its old indisciplined ways F C Kohli - his concerns all embracing Naidu will soon build a new Hyderabad London, London Narayan Recognition to role of NBFCs.... Kinetic Karnataka Scientists urged to take up farmer-oriented research Excel Generators provide the vital back-up Welcome focus on core competence Colour-Chem’s colourful KRVS Online not in line with brick and mortar businesses... S Ramanathan – a versatile musician, musicologist The rise and fall of Annamalai University Streamlining mandatory third party cover Focus on quality of power - its only around 170-180V Gay abandon in pricing Of course, Gujarat is vibrant GNS - 100: our first subscriber Should we change the official year? Poor quality of university VCs Shanti and Sadhana through Music A Grand Finale for SN’s MS centenary at the US… Air Asia India will set new benchmarks for budget travel Banning booze... When online building permits work…. Sweeter prospects for sugar Make standards certification mandatory... Measuring roof tops in terms of KW/MW A think tank for Chennai Building loyalty through the stomach An informal presentation - analytical, forward locking... Infrastructure funding – lessons learnt Whistle-Stop Tour of Raghuram Rajan Breaththrough in malaria control There was flood of milk. Reason: no milk commissioner! Convulsions in The Hindu Haul over the coal Contrarian cousins TN – agglomerate land holdings without alienating ownership Wise Presidents Odisha: spectacular win by Naveen Patnaik
CSR and CMI: promise of another Srinivasan Ramanujan...

I have pointed to the passion of Shriram Group’s Founder-Chairman R Thyagarajan (RT) for music, mathematics and insurance. These are quietly, but effectively manifested through significant events. The group had evolved over the last three decades as the leader in the non-banking finance sector with an asset base of over Rs 60,000 crore. The growth over the last 15 years has indeed been spectacular with the group expanding into life and general insurance and consumer finance. The holding company, Shriram Capital Ltd, constantly looks for opportunities to expand the capital base, inducing large banks, prestigious foreign fund managers and most recently the Piramal Group to invest. The group’s insurance companies have been earning profits right from inception, a record not emulated by its peers.

    A connoisseur of music, RT is a great admirer of violin maestro Lalgudi G Jayaraman (LJ). The group presented Visakha Hari, an illustrious disciple of LJ to explain the genius of LJ as a great musician, composer and teacher with a tradition of direct lineage traceable to Saint Tyagaraja. This famous harikatha exponent, a chartered accountant to boot, with deep insights into music paid a handsome tribute to LJ singing several kritis in the Lalgudi baani.

    I mentioned mathematics as the other love of RT. The Chennai Mathematical Institute (CMI) founded by AC Muthiah in the heydays of SPIC, has been reaching heights after RT took over. RT believes in India’s prowess in mathematics and has been passionately working to expand interest on the part of young brains to study and research in mathematics. The Bhabha Atomic Research Centre and the Department of Science and Technology have been extending handsome support. Under renowned mathematicians like C S Seshadri and U Karandikar. CMI has been registering big expansion. RT mobilised around Rs 15 crore making handsome personal contributions by himself, mail members and other colleagues like Kannan. He invited Cognizant’s Lakshmi Narayanan. This helped CMI get further boost. The Infosys Foundation has recently committed funding of Rs 33 crore. R Seshasayee, a Director in the Infosys Board, referred to a detailed presentation at the  CMI that has the promise of taking CMI as a prestigious global research centre in mathematics. With the recent mandate for large companies to commit two per cent of their profits for CSR initiatives, such efforts are bound to receive further growth. RT is now confident of CMI building a corpus of Rs 100 crore in quick time.  So, get ready for another Ramanujan surfacing.

Author :
Reported On :
Sector :
Shoulder :
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.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236