Monday, March 24, 2008

The Unbankable Behemoths of India

Why have Ratan Tata and Kumar Mangalam Birla not done very well in
financial services? 4Ps B&M finds out some intriguing answers to this multibillion dollar question
Money is the root cause of all evil… but it’s also the harbinger of good times. And any company that seeks to go that extra mile ahead of its competitors in this extremely tight market feels the irresistible urge to have that formidable financial muscle to do so. And when one envisions the ultimate goal… to be a monster that has an overpowering presence in diverse sectors, that urge is exacerbated manifold. So much that you actually would want to yourself be in the pole position as far as the financial services sector is concerned. This is besides the fact that the financial services sector is a hot bed of opportunities today. Survey the companies in the IT sector, who will tell you how financial services, as a vertical, is & will remain one of their top revenue generators. Even in the global markets, the real behemoths who dominate the space they invade and occupy have extremely strong financial services wings.

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