Prince Mathews Thomas

  • Lakshmi Mittal to shelve two planned steel projects in India 04-09-2013 05:19 PM

    Lakshmi Mittal's ArcelorMittal might shelve another of its two planned mega steel projects in India following the exit of some of its senior executives, including Sanak Mishra, CEO of Greenfield Projects. In July, Mittal had put off a similar project in Odisha. Besides the delays in getting clearances, it has...
  • Radico Khaitan: A major success in the Indian spirits industry 26-07-2013 02:06 PM

    In business, it helps to keep your ears to the ground. For Abhishek Khaitan, that meant doing the rounds of pubs. He had his first 'eureka' moment while pub-hopping in Bangalore. Even as he was studying for an engineering degree in the garden city, the family's distilling and bottling business...
  • Ratan Tata's audacious philanthropic retirement plans 21-08-2012 01:04 PM

    One does not attain freedom from the bondage of Karma by merely abstaining from work. No one attains perfection merely by giving up work Because no one can remain actionless even for a moment. Everyone is driven to action, helplessly indeed, by the Gunas of nature The deluded ones, who...
  • Tata's Clean Coal Tech close to a breakthrough 28-07-2012 04:29 PM

    For a scientist who is passionate about history, Mark Denys appreciates the importance of the West Bokaro coalfields in the Indian clean coal technology space. It was in these coalfields in Jharkhand that Tata Steel set up the country's first coal washery in 1951. The washery reduced the coal's ash...
  • PVR vs Cinepolis: The multiplex war is on 02-05-2012 11:50 AM

    Deepak Marda still remembers that fateful day on campus. In early 2007, the 34-year-old IITian was studying at the Stanford Graduate School of Business when Alejanadro Ramirez, the CEO of Cinepolis, Mexicos biggest movie exhibition company and worlds fourth largest, came to address the class. This was the opportunity that...
  • At this eatery, it's a free for all 21-04-2012 10:48 AM

    All Ajay Jain wanted was for people to buy his photographs. Though he was an engineer and an MBA and had worked in various industries ranging from IT to media, his passion lay in travel and photography. But he was not able to sell enough of his pictures through exhibitions....
  • How Rituraj changed the company his father started 11-04-2012 11:56 AM

    At one stroke Rituraj Sinha was putting at stake a business his father had built over 30 years. RK Sinha had founded security service provider SIS (India) in 1974 in Bihar. Now in 2008, his son wanted the Rs 150-crore company to buy an Australian security firm Chubb that was...
  • Will the Singh billionaire brothers make it? 26-03-2012 11:01 AM

    It was early 2010, and Fortis Healthcare's board"chaired by the billionaire Singh brothers, Malvinder and Shivinder"was in session. One of the directors couldn't make it to Delhi, and instead called in. At one point, Shivinder made a point and the director on the call interrupted to clarify, "Who is it,...
  • Harry Bhadeshia's steel connects UK, France 28-02-2012 11:15 AM

    Every year, 17 million people use the Channel Tunnel, the undersea rail network that connects the United Kingdom with north of France. Considered as one of the Seven Wonders of the modern world, 37.9 km of the 50.5 km-long tunnel passes under the sea. To make sure that each and...
  • Why India's best CEOs are not running scared 15-02-2012 10:59 AM

    Mayank Pareek won't forget the crisis of 2008 in a hurry. In November that year, less than two months after the infamous Lehman Brothers crash, India's biggest passenger car maker, Maruti Suzuki, felt its blow straight in the jaw. By the end of that month, it suddenly lost a quarter...
  • JCB reaches the top; defies odds in India 01-12-2011 01:19 PM

    About an hours drive from South Delhi lies Ballabgarh, the industrial belt just inside Haryana. Among the scores of manufacturing units there, is the worlds largest plant to make backhoe loaders (a tractor-like vehicle with an arm and bucket mounted on the back and a loader mounted on the front)....
  • The highs and lows of the richest Indians 15-11-2011 10:51 AM

    Reflecting the global turmoil, the fortunes of a majority of the richest Indians fell this year. Even then, 15 individuals managed to break into his exclusive club. Oh, the ways of wealth! After two years of unprecedented richness, the 100 richest people in India have turned poorer in 2011. With...
  • It's war when it comes to the liquor industry 18-10-2011 11:14 AM

    "All is fair in love and war and when it comes to the liquor industry, it is war." This was an extract from a note signed by none other than the man they called the King of Good Times. It landed on the table of Ramesh Vangal, the Asia-Pacific head...
  • Ultra mega steel plants: do we need them? 16-08-2011 01:21 PM

    The slow pace of capacity addition ails the Indian steel industry and PK Misra, the top bureaucrat at the countr's steel ministry, is trying hard to find a solution. For the past few weeks, Misra's team is weighing the pros and cons of what could be a one-shot solution, ultra...
  • A look back: A rich harvest 27-05-2011 12:04 PM

    New Delhi: Ranjan Sharma is changing the way lakhs of farmers get credible information. In the process, his partners IFFCO and Airtel are increasing their reach in rural markets Why we did the story: Entrepreneurship and technology have often come together to give us exciting products, like Steve Jobs and...
  • Why is Hillary peeping into Indian kitchens? 07-04-2011 02:32 PM

    There is little in common between US Secretary of State Hillary Clinton and Sindhu, a village belle who lives 14,000 kilometres away in South India. Sindhu is a primary school dropout, who hardly ventures out of her hamlet. She spends most of her time in daily chores such as cooking,...
  • Commodities: Back To Barter 14-01-2011 12:08 PM

    In banquets across India, it is customary for the diners to chew on cumin (jeera) after the meal to benefit from its digestive powers. But for a bunch of commodity traders in November 2010, it was indeed the main course. On the 18th of that month, rains lashed Saurashtra, the...
  • Jindal's Steely Resolve 07-01-2011 02:58 PM

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  • Mother Teresa's legacy is under a cloud 07-08-2010 01:45 PM

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