Sunday, March 20, 2011

Q

The family dispute is set to end, finally. Elder Brother today sold his 25 per cent holding in the primary group investment firm to his Younger Brother in an off-market deal. This was after Younger Brother transferred his group’s entire 29.62 per cent shareholding in Elder brothers enterprise. Both brothers have transferred the (requisite) shareholding in a simultaneous effort. By selling his 25 per cent stake in Elder Brother has exited all group investment firms that held stakes in different companies of the Younger Brother faction. The only unfinished task in the six-year-old saga remains the interest of minority shareholders of who together own 22 per cent in the group investment firm. Which Gr0up of Companies ?

A-Bajaj

Shishir Bajaj & Rahul Bajaj

Q

Dr. AG Noehren, played a pivotal role in fostering the Olympic monement in India as well as the formation of IOA In 1927, The IOA was constituted with him as its first president and Dr. Noehren as secratary. He was extremely fond of sports, and was a pioneer in the Indian Olympic movement. As President of the Indian Olympic Association, he financed the Indian contingent to the Paris Olympics in 1924. Who ?

A-Sir Dorabji Tata

Q

All his siblings were taught basic business practices by their father, and at the age of 12 he bought shares in a Mexican bank. He went on to study engineering at the National Autonomous University of Mexico, while simultaneously teaching algebra and linear programming there. In 1965 he incorporated started his own company by 1966 his company was worth US$40 million. Three months later he married Soumaya Domit Gemayel and they remained married until her death in 1999. Construction, real estate and mining businesses were the focus of his early career. In 1982 the Mexican economy, which had a substantial reliance on oil exports, contracted rapidly as the price of oil fell and interest rates rose worldwide. Banks and other businesses were nationalized, crippled or collapsed and the peso was devalued. At this time, and during the period of recovery to 1985,he invested heavily. He bought outright, or a large percentage of, numerous Mexican businesses. He also acquired a 50% of that of Hershey's. Who ?

A-Carlos Slim

Q

After graduating from Harvard, he returned to his master's degree alma mater, the IIMA. But he soon returned to the United States, when in 1977, he was hired by the Stephen M. Ross School of Business at the University of Michigan, where he advanced to the top tenured appointment as a full professor. In 2005, he earned the university's highest distinction, Distinguished University Professor. On April 16, 2010, he died of a previously undiagnosed lung illness in San Diego, California. He was sixty eight years old at the time of his death, but he left a large body of work behind. Who ?

A-CK Prahalad

Q

While his company was successfully selling sweet chocolate products, Milton knew that a fortune lay in making and selling milk chocolate products. Milton built a milk-processing plant in the year 1896, so he could create and refine a recipe for milk chocolate candies. In 1907, he introduced his flagship candy. Initially they were individually wrapped by hand in squares of foil, and the introduction of machine wrapping in 1921 simplified the process while adding the small paper ribbon to the top of the package to indicate that it was a genuine product. The product was trademarked three years later and went on to become one of the most successful and well-known products ever produced by the company. Now, 80 million are produced each day. Which Company ?

A-Hershey & Hershey Kisses