Except for a brief period in July when there was confusion about the concentrated ‘overseas investor’ shareholding, which seemed to have been blocked by the National Securities Depository Limited (NSDL) for some time, nothing seems to have gone wrong for the group.
Market veteran Ambareesh Baliga told Business Today that the group seems to be unstoppable now. “In recent years, they have been able to get into any sector they have set their sights on, be it airports, city gas distribution, power transmission and distribution, defence or aerospace. It didn’t matter whether the group had prior experience or not. Today, they have built a business empire that puts them in the category of ‘too big to fail’.”
IMPROVED RANKINGS
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