jindal stainless ltd vs state of haryana
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The Jindals of the O.P. Jindal Group aren't much different from most Indian business families. The patriarch, a farmer's son, began as a small-time bucket manufacturer in the Hisar district of Haryana. Today, the group is a $12-billion (Rs 55,200 crore) conglomerate, with steel as the flagship business.
After Jindal Senior died in a helicopter crash in March 2005, the four brothers, Prithvi, Sajjan, Ratan and Naveen, came to the fore, each with a strategy to grow his share of the ample pie. The 60- year-old matriarch, Savitri Jindal, who is the Non-Executive Chairman of the group, binds the family together. A sitting Congress MLA from Hisar who was the Minister of State for Revenue in the Haryana government until recently, Savitri is widely acknowledged as the wealthiest woman in India.
...Ratan has stainless steel as his chosen area of expertise. Now, take a...