Tuesday, February 11, 2020

OBQ 1443: Private matters.

When a company is new most owners dream of taking it public, but when it becomes big and when you no longer need approval of masses sometime it is wise to take it private again.

Here is a company that is named after a legendary brand that challenged the biggest of MNCs in India and after all that they went private and ensured that the wealth stays private.

Identify the heir of the family who is not as famous as his father but is leading a silent revolution.

Answer : Hiren Patel the man in charge at Nirma.

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