AGG CORRESPONDENT

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Billion dollar bets pay off

Last week saw two of the biggest bets taken by top corporate houses starting to pay off. Tata Motors and Hindalco, which had made billion dollar cross border acquisitions in the past, are now reaping benefits after almost two years of pain.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.