Why Mallya sold Berger Paints to a 'shopkeeper'. 'We had oodles of money. He is a Promoter of the Company, is an Industrialist with long standing experience in paints and related industries. He was associated with Century Plyboards (India) Ltd. as President (Marketing & OD) during the period 2008 to 2015. Abhijit Roy graduated in Mechanical Engineering from Jadavpur University, Kolkata and completed his post graduation in Business Administration from the Indian Institute of Management, Bangalore. 'What a stupid question! 'But we had gone for work, how could we have beer?' To add to its woes, the V P Singh government had increased the import duty to 110 per cent. Welcome to Berger Paints. Mr. Hoon has experience in marketing, sales, organisational development, HR, supply chain and branch commercial functions and had served as Business Head of several businesses while in the companies in which he had worked.Mr. The acquisition of the regional assets of Berger Paints by Trinidadian conglomerate ANSA McAL wrapped up last Friday, and already, the boss of the Jamaica operation is off the board, and appears packing up his desk to make way for his replacement. in Business Studies from University of Buckingham, U.K. and studied German Language at the University of Augsberg, Bavaria, Germany. He has been appointed as an Additional Director of the Company effective 8th September, 2014. In 1770, Louis Steigenberger shifted from Frankfurt to London to sell a Prussian blue colour, which was made using his own formula. Before that, she worked with Yes Bank, ING Barings Private Bank and ING Vysya Bank and Tata Administrative Services in senior positions. From colour choices to finishes and paints, the experience of a makeover can be a bit overwhelming and confusing. He is an Indian Administrative Service (I.A.S.)
Rishma Kaur holds a B.Sc. Mallya understood, astutely, that the Dhingras were very keen to acquire Berger Paints. Officer and former Home Secretary of India. Mrs. Bhasin has a vast professional experience and was the Chief Operating Officer of Tata Capital Limited. Kanwardip Singh Dhingra holds a Bachelor's Degree in Chemical Engineering from University of Akron, Akron, Ohio, USA with specialization in Polymer Engineering and Minor in Chemistry. asked Gurbachan as he related the story.Kuldip did not know the details of the business units, the production in various factories, the debt Berger had on its books.It was agreed that Surinder would take the necessary steps to take this further.Kuldip found Mallya to be a very smart businessman, a far cry from the flamboyant and larger-than-life image that was later to become the trademark of the liquor baron. In Pakistan, history of Berger is as old as history of Pakistan. Mathematics from St Stephen's College, Delhi University and MBA â Faculty of Management Studies (FMS), Delhi University. He has worked in a number of senior positions in The Central Government and State Governments. Sonu Halan Bhasin is B.Sc. Mr. Swarup will be deemed to be an Independent Director of the Company within the meaning of Section 149 of The Companies Act, 2013. He is the fourth generation of his family which has been continuously in the Paint business since 1898.Mr. The current general manager, Mustafa Turra, was an appointee of former owner Asian Paints of India.
'In short, he knew nothing except the brand and the turnover. 'Tell your friend that I am in Delhi next week. So, I knew that I would meet Vijay in the next few days,' said Surinder.Mallya knew Surinder was a common factor.However, both parties were unwilling to put an end to the negotiations. We can meet at home,' Vijay said in Surinder's ear.The shrewd businessman in Vijay Mallya saw an opportunity to negotiate for a better deal.Going back to that early February morning in 1990, Surinder said he was sceptical about Kuldip's keenness to buy Berger.
The paints industry was in a crisis because excise duty had been increased from 20 per cent to 45 per cent. 'We reached his house and Vijay was sitting in his large room having beer,' remembered Gurbachan. 'I did not know anything about Berger except maybe the turnover and the fact that it was a professional multinational,' said Kuldip.With his export profits, Kuldip wanted to shorten the time to get to the top five.When he considered the net present value of the money it would take Rajdoot to get to the top five, the deal with Vijay seemed in the range, though the numbers were just about pushing the boundaries.He was not sure if Kuldip would be able to take forward the discussion about buying a company like Berger.Kuldip asserted that while he was an emotional man he took business decisions non-emotionally and said the decision to buy Berger was an unemotional, cold business decision. We talked of many things, laughing and chatting. I think of the total time we spent, only 5 per cent went in talking about Berger Paints.
Dr. Mittal served as President in Indian Business Congress (IBC), Chairman in BRICS Chamber of Commerce and Industry and a Member of Board of Thapar University.Mrs.
Anoop Kumar Mittal is a B.E. Ltd Bandenawaz (Pvt.) He was appointed as the Managing Director & CEO with effect from 1st July, 2012.Dr. Mr. Dhingra is a graduate, an Industrialist, a Promoter of the Company and has considerable experience in the paint industry, especially in its technical aspects.