Tuesday, 28 January 2014

He discontinued his education, today owns $1 billion company

Discontinued education in 1958 (Punjab)
Moved to Delhi with Rs. 10,000 in pocket
Acquired Havells in 1971
Acquired European firm Sylvania in 2007
Havells became $1.3 billion company
                                  http://daily.bhaskar.com/article/MON-SPE-he-discontinued-his-education-today-owns-1-billion-company-havells-cmd-qimat-rai-4504338-NOR.html   
Noida: Havells has done many mergers and acquisitions in the past few decades and has grown exponentially. The company has firmed its grip in many countries world over. The credit of the Noida based company’s $1.3 billion net worth goes largely to CMD Qimat Rai Gupta.Read more

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