Word: bhandarkar
(lookup in dictionary)
(lookup stats)
Dates: during 2006-2006
Sort By: most recent first
(reverse)
...Corus agreed last month to an $8 billion takeover bid by Tata Steel. The deal is the largest-ever Indian acquisition of a foreign firm, and it will catapult Tata from the world's 56th largest steel producer to the fifth. "All credit goes to Ratan Tata," says Sanjay Bhandarkar, managing director of the N.M. Rothschild private bank in India. "He clearly has a vision and knows what he's doing...
...Corus agreed an $8 billion takeover bid by Tata Steel. If the deal goes through, it would be the largest-ever Indian acquisition of a foreign firm, and it would catapult Tata from the world's 56th largest steel producer to the fifth. "Nothing succeeds like success," says Sanjay Bhandarkar, managing director of N.M. Rothschild private bank in India. "All credit goes to Ratan Tata. He clearly has a vision and knows what he's doing." Tata is one of Asia's most influential businessmen. And perhaps more than any other company, Tata group exemplifies India's metamorphosis into...
...same holds true for the latest steel deal: it fills a gap. Corus makes a wide range of high-end products not in Tata Steel's repertoire. The pairing will give Corus access to cheaper steel while handing new markets and know-how to Tata. Says Rothschild's Bhandarkar: "Other Indian groups look at things opportunistically. Tata is the only one with an international strategy." An eye for strategy clearly runs in the family. Group founder Jamsetji Nusserwanji Tata knew how to turn a profit. But J.N. also had a patrician vision of spreading wealth and lifting a nation...
...billion. And over the past six years Tata has been on a $1.9 billion acquisition spree that has netted Britain's Tetley Tea, South Korea's Daewoo Commercial Vehicles, Singapore's NatSteel and New York's The Pierre hotel, among 14 others. "Nothing succeeds like success," says Sanjay Bhandarkar, managing director of N.M. Rothschild in India. "All credit goes to Ratan Tata. He clearly has a vision and knows what he's doing...
...West was not an end in itself. Buying Tetley was simply a way to grow Tata Tea. "We look for the acquisition of companies that fill a product gap or have a strategic connection with what we do, wherever that company might be," says Tata. Says Rothschild's Bhandarkar: "Other Indian groups look at things opportunistically. Tata is the only one with an international strategy." If the group has a geographical tilt, it is towards the developing world. And that's based on a business approach that has not changed since its foundation...