Giving up a passion

Listen to this article

Courage, thy name is N Srinivasan. A fighter to the core, he took on heavyweights in the cricketing world. He was an undeclared czar of the southern cement industry. He faced problems galore. Many iconic structures, like the Pamban bridge, were up with the cement produced by his company. He breathed cement and lived in cement. He was a passionate owner and held his company very dear to him. It requires enormous guts to let go of his passion. India Cements was steadily slipping with its legacy plants, making it uncompetitive in the marketplace. A quitter never wins, said legendary cricketer Sunil Gavaskar in his book Sunny Days. By calling it quits, Srinivasan, however, ensured that the organisation moves forward and up. With Birla-owned UltraTech buying out Srinivasan and his ilk in the company, the institution now survives to play a greater role in a new avatar. Already, Indian Cements has started reporting better financial numbers!

Latest

India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas...

TVS Emerald to develop residential project in West Chennai

The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Newsletter

Don't miss

India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas...

TVS Emerald to develop residential project in West Chennai

The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Retail Inflation crosses 4% in June

“Food inflation contributed 185 basis points (bps), while non-food...

India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23 Circles of India Post, which reviewed performance and charted the roadmap for the months ahead. India...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most valuable brands in India across sectors in the report. Brand Finance India report, unveiled under the...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas Investment B.V and the transaction is amongst the largest acquisitions in India’s renewable energy sector...