A Danish company LJM, recently inaugurated its new manufacturing plant at Oragadam, near Chennai. The company manufactures hydraulic cylinders for wind turbines. LJM will...
HIS NET WORTH WAS HIS NETWORK
HAILING FROM A village near Pudukottai, Bala obtained his post-graduate degree in Statistics/Mathematics from Annamalai University, served as a...
Another iconic family-run business of Chennai, the $ 5 billion turnover Murugappa group, is repositioning the leadership of unit companies aligning these with families. Till recently the group had the senior most family member designated as chairman of the group: in the early stages under AMM Murugappa Chettiar (1902-1965) the group entered into a number of foreign collaborations and emerged a large light engineering conglomerate that was nurtured by AMM, his younger brother AMM Arunachalam and their nephew M V Arunachalam. The chairmanship passed on, in due course, to AMM Arunachalam and thence to M V Arunachalam. During the tenure of MVA, the group expanded through acquisitions of the two-centuries’ old EID Parry. This helped it diversify activities to sanitaryware, fertilizers, sugar, confectionary … The baton passed to MVA’s brother M V Subbiah.
A dream come true..
In 2007 IE organised a day-long seminar on Corridors of Excellence. Impressed with the rail freight corridors of the Delhi-Mumbai and...
The presence of vehicle makers and port connectivity make the state the perfect choice.
Last month, TN Chief Minister Edappadi Palaniswami inaugurated CEAT Tyres’ new...
