Monday, March 12, 2007

C. Sivasankaran - The Enter-Exit King.

I admire him for his ability to enter and exit business at great speeds, He is a future Dhirubhai in the making . He also holds substantial stake in Tata Tele Services and Idea, One might wanna buy their stocks and sleep over it.
I'm gonna keep a track of his futures games and investments.

Siva's games so far :-

• 1995: Applied for Tamil Nadu telecom licence
• 1997-98: Launched Aircel
• March 1998: Incorporated Dishnet DSL, the country’s first DSL internet provider
• Dec 2003: Bought 79% equity stake in RPG Cellular in Chennai for Rs 210 cr
• February 2004: Agreed to sell 33% stake in TN Mercantile Bank to the Nadars for Rs 130 cr
• March 2004: Sold the internet service division of DishnetDSL Limited to VSNL for Rs 270 cr
• April 2004: Bought 65.4% equity stake Barista coffee chain from Turner Morrison for Rs 30 cr and the Tata group
• August 2004: Dishnet Wireless bought Unified Access Service Licences for seven eastern circles at Rs 300 crore.
• 2005: Entered health food business with Aiwo - a health food chain were low-calorie food cooked in olive oil
• 2005: Bought out RPG Cellular Limited for Rs 208 cr and renamed it Aircel Cellular
• Dec 2005: Sold 100% stake to Maxis and Reddy’s combine for $1.8b giving Maxis access to 628 million subscribers in India
• Jan 5 2006: DTH television JV with Zee Telefilms Ltd (ZTL)
• March 2007 Sold Barista stake to Lavazza of Italy for Rs 480 crores


Not bad for a guy who started as a fabricator in Madras Refineries :)

Data : Wikipedia.org