DuPont is a large US chemicals company. Its paint covers 30% of US automobiles. It produces paint barely 48 hours before it is sprayed on cars. Since the lead time is so short, auto companies share their production schedule with paint companies. One day in late 2008, just before the whirlwind of credit crisis hit the world, suddenly there were no production schedules. The automakers simply...
VBC Industries has valuable subsidiaries. If the debt and equity markets start to fund projects more easily, the stock could rise. VBC Industries can produce 10,000 tonnes per annum but the ferro-chrome industry is in the doldrums. The value lies in its subsidiaries. It has an equity base of Rs45.18 crore and a book value of Rs22.50 which does not reflect the following investments:
Stake in...
On 15 February 2009, GV Ramakrishna launched the book Pathbreakers 2 – our second compilation of 25 MoneyLIFE interviews with super-achievers. This was followed by an enriching panel discussion on the theme ‘What Can We Do to Improve Governance?’ Mr Ramakrishna, who wrote the Foreword came especially from Chennai to Pune to launch the book and chair the event. He has had a distinguished record...
