Sunday, March 13, 2011

Q

Gopikrishna was a cotton trader and textile mill owner who later went on to buy Morarjee Mills. This set the begining for a Conglomerate. Gopikrishna had come to Mumbai with a few rupees in his pocket from Bagar in Rajasthan and made enough money trading cotton to buy Morarjee Mills, which had been listed on the stock exchanges more than 140 years ago. Then Gopikrishna died suddenly at the age of 55 in New York in 1979 and his son Ashok took charge. Ashok, too, died early, at the age of 36, of cancer in 1984. Just before that, his son Dilip, had gone his separate way with his business & His son Ajay controlled the business. Which Business did Ajay & Dilip control ?

A-Ajay Controls The Piramal Group

Dilip Piramil control VIP Luggage business

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