Word: screwvala
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Dates: during 2008-2008
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...relevant trend here, says Ronnie Screwvala, CEO of rising movie company UTV Software in Mumbai, isn't Bollywood buying up Hollywood, it's new, cash-rich Asia buying old, status-rich America and Europe. Think Tata Motors buying Jaguar and Land Rover, or even last month's announcement that the Times of India group will buy Britain's Virgin Radio. The tremendous growth in some parts of the Indian economy over the past few years has created a group of companies that can suddenly buy assets globally. "Internationally they are very competitive and thanks to the downturn in places like...
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