Word: industrialist
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...event the BJP loses in Gujarat, many observers reckon that the national government will suffer a heavy and perhaps fatal blow. ("I give them only three months," says a prominent Gujarati industrialist.) Advani in particular, as Modi's champion, is expected to stand or fall with his protEgE. And for Vajpayee, a loss, for which he would be blamed by hard-liners irked by his moderating restraints, would be as bad as a win, for which these same hard-liners would take the credit. But for the country, the consequences of an upset could be little short of disastrous. With...
...book presents a rich cast of characters. Here's industrialist Andrew Carnegie in 1889 calling the accumulation of wealth "one of the worst species of idolatry" and hilariously praising the virtues of "honest poverty." Here's Andrew Mellon, Treasury Secretary under Presidents Harding, Coolidge and Hoover, arguing that when initiative is crippled by high taxes, an individual "will no longer exert himself and the country will be deprived of the energy on which its continued greatness depends." This might have been written yesterday...
DIED. ARNOLD WEINSTOCK, 77, industrialist who headed one of Britain's largest conglomerates, General Electric Co. (gec), and ensured its success for 33 years; in Wiltshire, South England. Known for penny-pinching and attention to detail, Lord Weinstock was ousted from gec in 1996 and succeeded by Lord Simpson, who renamed the company Marconi plc and changed its focus to it and communications. A casualty of the dotcom and telecom crash, Marconi plc's value is now around 115 million, which is around 140 million less than what it was worth when Lord Weinstock took the reins...
Mohandas Gandhi and Dhirubhai Ambani were the two most famous scions of the Modh Bania, a Hindu commercial caste based in the arid Saurashtra peninsula of India's western Gujarat state. The Mahatma idealized traditional village ways, passive resistance, and homespun cotton. Ambani, a billionaire industrialist, preached prosperity to a burgeoning Indian middle-class via a business empire built on polyester...
...next time someone says, 'I'm going to plant a tree,' he'll have to have a shovel in his hand before I believe him. With his iron-clad resume, VIP-packed address book and the balls of a drunken woman, Messier passed himself off as a shrewd industrialist when he was in fact at very best a cold-blooded financier (a redundancy of terms, I know). • That the Bronfman family is a cunning brood, who in selling Seagram to Messier managed the equivalent of selling a Mercedes for $100,000 and, if all goes well, buying it back...