I conceive a novel idea. Give my flesh & blood to execute that idea and start a business. In a few years I go public and make a good deal of money (!). During a lean period when I need a lot of cash to pay off my debt, a fat man expresses his interest in taking over my business and takes it over. Though I would still be part of the management, things won’t be the same any more. How would I feel?Read Vijay Mallya’s Air Deccan take over from here.
With the low cost and premier airlines under his wings now with 33% of market share, which is more than Jet-Sahara (31.5%) & Indian (21.9%), and rights to fly overseas just around the corner, Vijay Mallya has stroke a great business deal.
Looks like Vijay Mallya has announced that the Air Deccan’s ticket fares would slightly go up while maintaining the low cost identity.
Do you think as a business man Capt.Gopinath is a failure?
4 comments:
Part of cycle. Steve jobs was also taken away from Apple.
Corporate World la ithellam sagajamappa
Yep. Part of the game.
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