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How Srinivasan failed shareholders


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s pitchiah
Re: .
by s pitchiah on May 31, 2013 11:45 AM
it is brahmin who made ambedkar/kalam, and others also can show so many examples in other castes. now i think it is time we should come out of caste related things and give importance to person ability and skills... then only india can grow...

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kumar kn
India Cements and Srinivasan
by kumar kn on May 30, 2013 11:10 AM  | Hide replies

The share price of India Cements has gone down after this contraversy affeting shareholders.Srinivasan has also suffered by decline of his net worth unnecessarily.The problem with many like IC,Mallya,Sahara,Anil Ambani,etc is that instead of concentrating on their core business like many of the leading business houses do,they dabble in sports,films,other fields,etc unrelated to their core business.Thus they divert their attention and lose in their regular business.An example is of Mallya going for Airlines business which is totally unrelated to his liquor business.Srinivasan is also spending more time in BCCI instead of working hard in India Cements and increasing shareholders worth.Their core business is permanent while all others are temporary.

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anand
Re: India Cements and Srinivasan
by anand on May 30, 2013 01:55 PM
They divert funds more to extra activities - that is all they do..There are very experienced executives and super CAs sitting in their office to advise them. Their brains are too small to run these big things. But funds when needed is not properly diverted, the collapse begins.That is what happened to Mallya. But NS cannot and will not do that. Same case with Gujju Anil

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