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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The group CFO, who has spent over two decades at the Sajjan Jindal-led company, talks about its setbacks, successes and ambitions.
Editor's note: Over the past 25 years, Sajjan Jindal has created JSW Steel as the biggest success story in the Indian steel industry. One person who has had a ringside view of this journey is Seshagiri Rao, the company’s long-time chief financial officer who later became group CFO and joint managing director. Rao stepped down from the board of JSW Steel on 6 April, after a stint of nearly 25 years, marking a significant milestone in corporate India’s history. Not only does JSW’s rise coincide with the emergence of the Indian economy in the post-liberalization era, but the company’s success is also about beating the odds and trumping rival Tata Steel, which had a head start of nearly 100 years. Rao’s career is no less inspiring. Juggling work and night classes, he started out in 1984 at Andhra Bank. His first posting was in a nondescript village in Andhra Pradesh where he approved agricultural loan applications of Rs 3,000. He soon moved to Mumbai and then to the corporate world. In 1987, Rao joined the Essar Group. Quickly making his name in …
The group CFO, who has spent over two decades at the Sajjan Jindal-led company, talks about its setbacks, successes and ambitions.
Editor's note: Over the past 25 years, Sajjan Jindal has created JSW Steel as the biggest success story in the Indian steel industry. One person who has had a ringside view of this journey is Seshagiri Rao, the company’s long-time chief financial officer who later became group CFO and joint managing director. Rao stepped down from the board of JSW Steel on 6 April, after a stint of nearly 25 years, marking a significant milestone in corporate India’s history. Not only does JSW’s rise coincide with the emergence of the Indian economy in the post-liberalization era, but the company’s success is also about beating the odds and trumping rival Tata Steel, which had a head start of nearly 100 years. Rao’s career is no less inspiring. Juggling work and night classes, he started out in 1984 at Andhra Bank. His first posting was in a nondescript village in Andhra Pradesh where he approved agricultural loan applications of Rs 3,000. He soon moved to Mumbai and then to the corporate world. In 1987, Rao joined the Essar Group. Quickly making his name in …
Outpaced by legacy giants and newer rivals, the Bengaluru-based EV maker is betting on a mass-market scooter to fix its demand problem. Will a new product succeed where its existing lineup hasn’t?
The emirate’s financial centre has surpassed the 10,000-company mark, Lucid Motors has a new investor, and digital assets are having a great week.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
Outpaced by legacy giants and newer rivals, the Bengaluru-based EV maker is betting on a mass-market scooter to fix its demand problem. Will a new product succeed where its existing lineup hasn’t?
The emirate’s financial centre has surpassed the 10,000-company mark, Lucid Motors has a new investor, and digital assets are having a great week.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
