Some 30 years ago, Grandhi Mallikarjuna Rao used to cycle 25-30km a day in rural Andhra Pradesh collecting money for the rice, spices, jute or grains he had supplied. Rao was a mechanical engineer, the first graduate in his family living in a village not far from Vizag. Today, Rao oversees assets worth Rs15,000 crore in power, roads, and airports. Though Rao is extremely low profile, when you think of private initiative in Indian infrastructure, you have to think of GMR. Rao ente" /> Some 30 years ago, Grandhi Mallikarjuna Rao used to cycle 25-30km a day in rural Andhra Pradesh collecting money for the rice, spices, jute or grains he had supplied. Rao was a mechanical engineer, the first graduate in his family living in a village not far from Vizag. Today, Rao oversees assets worth Rs15,000 crore in power, roads, and airports. Though Rao is extremely low profile, when you think of private initiative in Indian infrastructure, you have to think of GMR. Rao ente" /> Some 30 years ago, Grandhi Mallikarjuna Rao used to cycle 25-30km a day in rural Andhra Pradesh collecting money for the rice, spices, jute or grains he had supplied. Rao was a mechanical engineer, the first graduate in his family living in a village not far from Vizag. Today, Rao oversees assets worth Rs15,000 crore in power, roads, and airports. Though Rao is extremely low profile, when you think of private initiative in Indian infrastructure, you have to think of GMR. Rao ente">

 

 

We have grown in assets but compared to other large groups, we are only beginning. I don’t want to be the biggest; I want to set up a good organization
ML: Could you tell us something about your family and your childhood.
GMR:My family came from a small village called Rajam, 100km from Vishakapatnam (Vizag). We were in a trading family buying jute and grain from the farmers and selling it to the mills. We are four brothers and three sisters and nobody was really educated. I was the third son. I had failed in my SSLC (secondary...
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Large Fund, Large Stocks

What kind of risks are the largest funds taking? One way to <Br>find out is to check their exposure to stocks of different sizes. Here is an analysis by Shailendra Lotlikar

The mid-cap index recently made a new high before the Nifty did. There is a lot of talk of investing in small-cap stocks. There is even a fund planned for micro-caps. But where are the largest funds laying their bets? On...

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Combating Asthma

New research finding on the minimum therapy needed for good asthma control is good news for patients finds Tanushee Kar

Allergic respiratory disorder, particularly asthma, is unique in that it defies the general pattern of incidence of most diseases. The prevalence of asthma is the highest in developed countries such as the US and the UK and the least in India and China. However, according...

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