Of high spirits & audacity

IIPM BEST MBA INSTITUTE

When Samir joined the business at the age of 22, he brought with him not only the acumen of a good businessman but also the much required youthful vigour and enthusiastic attitude. Under his leadership, Torrent ventured into the field of medical electronics and also set up a specialised unit, Torrent Novo that deals with diabetes care products. Under his zeal, Torrent Pharmaceuticals has become the leading exporter of healthcare products in the country. With avision ‘to be leader in pharmaceutical industry’, the company is performing phenomenally well, with global sales for the last fiscal being Rs.1,001 crores, showing a growth of 77% over previous year.

At the other end of the spectrum, we have Vijay Mallya, the flamboyant liquor baron who recently made news of sorts by not only making India witness the touchdown of an Airbus A380 for first time, but also by buying Scottish liquor manufacturer Whyte & Mackay. Mallya, Chairman of United Breweries, acquired Whyte & Mackay at a price of $1.21 billion that will ensure Mallaya’s entry into the power corridors of Scotch whisky industry.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)