Ever since private airlines have gained popularity after the government realised that it is in the nation’s interest to allow them to expand their services abroad, Sahara Airlines has found itself in a very profitable position. Something that not every other airline was lucky enough to achieve. The tycoon, Subroto Roy, needless to say is really glad about the way things are going for his Sahara Airlines. The company is undoubtedly in great demand, which was more than obvious when its insurance account was up for grabs recently. National Insurance considered itself lucky enough to regain the account, especially since this time it has a premium much less than last year’s Rs 35 crore. The tycoon deserves to gloat for another cause. His airline became the first airline company in the world recently, to achieve all four types of certification at one time. The certification covers; air transportation, passenger services and cargo services through sales and marketing, in flight services and aircraft maintenance, among others. Being recognised as possessing international standards in quality, safety, environment and social accountability is a big deal today, especially when safety in air travel has gained tremendous importance and value.
The tycoon is undoubtedly going to make big bucks here, if he keeps flying high the way he is right now! And given these successes, its no surprise that he’s chosen to reward himself Maharaja-Style with his own private and deeply personal jet. If Roy cannot do that, then who can. And pray why worry about the haunting taxman since everybody knows that the only things inevitable in business are death and taxes.
Gerkins for growth
When Nandan Nilekeni, the clearly cerebral CEO of Infosys choses to deliver solutions for national growth, everybody listens. Even if it’s the likes of Mukesh Ambani, Kiran Majumdar Shaw and Subir Raha. Tycoons like these now know that spending quality time on solving national conundrums is a critical part of every top-CEO’s task-list. And given that the discussion group represented a significant top-end chunk of India’s tycoon sweepstakes, the Nilekeni solution to solving poverty and growth dynamics was a scorcher.
Chosing gerkins as a kind of explanary target for a new India of the future is not just a passing passion for the Infosys honcho. He believes that strategically-chosen agricultural products, grown organically, plucked manually, processed domestically and then exported globally could unshakle India’s dormant agricultural superpower status.
Whether Nilekeni was himself going to make the leap-frog for Infosys from infotech to corporate farming is unclear.
But even if he does inspire it, he will only be going where Sunil Mittal of Bharti has already dared to go already. Mittal’s flegling venture into agro-products is yet to make its mark. But it’s no longer considered fool-hardy or pretentious to throw such options around.
But what was clearly the subject of urgent speculation, based on the Gerkins-for-growth googly by Nilekeni was whether India’s giant corporations are now set to harness the new wave of global demand for home grown agricultural produce.
On that the tycoons, set on solving, India’s eternal riddle of what comes first-growth or equity were unshakable. Growth was first, but smart money was now being placed, on how equity ensuring solutions could be implemented side-by-side.
Since the gang of four tycoons also had the ears of the likes of Rahul Gandhi, Jyotiraditya Scindia, Omar Abdullah and Jitin Prasad as those at the receiving end of the gerkins idea, it may see the light of day sooner than later. When that happens, remember you read it here first!
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