Reborn as the richest man in India.

Chapter 466 Internal Operations
  Judging from the government's actions, everyone knows that this is because Qiaogo is now strong enough, and even the country does not dare to take advantage of Qiaogo too much.

Thinking about the previous government, even Reliance Group was directly cheated by the petrochemical regulatory account.

Now, the government's attitude towards Chiogo is obviously very different.

Everyone thought about it and realized that this situation occurred not only because of Qiaogo's domestic strength, but also because he had huge industries overseas.

For the current government, Djogo can obviously help with foreign exchange.

The country's foreign exchange is tight, and we might have to ask Qiao Ge for help again.

In addition, Qiaogo's domestic strength is comparable to that of Reliance and Tata Group. Who dares to offend such a figure easily?
  The prime minister also takes turns, so what's the benefit of offending such a strongman?
  Nobody is a fool.

At the same time, everyone knows better that with Qiao Ge’s strength, he can eat it by himself. Now in the name of Gupta Investment Group, it is everyone who really benefits. This is Qiao Ge letting everyone share this benefit, so in terms of shares That’s it.

They seem to have given up some shares, but they believe that Qiao Ge can bring greater benefits in the future.

After everyone made the decision, they pledged some high-quality assets they had acquired previously and borrowed 900 billion rupees from the bank.

The recent acquisition of Mundra Port cost a total of about 300 billion rupees, also in the name of the Gupta Investment Group, so the Gupta Investment Group actually has 200 billion left in its account.

After paying the final payment to the Port of Mumbai, the Gupta Investment Group still has about 210 billion in funds in its account, which will be used as some of the company's working capital.

If there is another acquisition in the future, just continue to mortgage it. With the assets currently owned by the Gupta Investment Group, it can still mortgage a lot.

The government has issued a notice regarding the sale of shares in the old and new ports of Mumbai.

The notice said it was an auction and also attached some conditions for the auction.

It seems very fair, just and transparent, and anyone who meets the conditions can participate in the bidding for shares, but in fact the real operation has been decided internally.

Even if some people are not convinced, they can't say anything.

Because the US$5 million that Qiaogo loaned before has indeed helped the country a lot.

It almost saved the country from bankruptcy.

Who dares to compare with such a feat?
  Besides, not everyone can come up with a huge amount of nearly 1000 billion rupees.

So everyone has acquiesced in this matter.

If you have the ability, it is also good to find ways to raise funds and find connections to acquire a few shares. There is no need to think about this 51% holding.

Moreover, with Qiao Ge’s current power, no one is willing to offend him easily.

Didn’t you see that both Tata Group and Reliance Group have no voice?
  Qiao Ge is now at his peak, and both major groups must avoid his edge.

Then who else dares to jump out?

Looking for death?
  Winning the Bombay Port was an unexpected surprise for Qiaogo. He had never thought about it before.

In the Mumbai Port, the three major Dutta families and the Sitharaman family all hold part of the shares.

These people are naturally on Qiaogo's side, so the Gupta Investment Group's shares in Mumbai Port are more than 51%.

Not counting anything else, this 51% is enough to control the Port of Mumbai.

In short, at the Mumbai Port, even if the Tata Group and Reliance Group join forces, plus some other people, they will only account for a little more than 10%, which will not affect the overall situation.

Qiao Ge wondered if he had to get the shares from those people.

Finally think about it or forget it.

These forces all have backgrounds. If they don't need this little money, they will definitely hold on to these shares.

What they value is the Port of Mumbai.

Everyone can see the development prospects of Mumbai Port, and no one is a fool.

Just take them to make a fortune together.

This can be considered an alliance.

Previously, Jogo wanted to capture Mundra Port, and then capture some ports in other states to establish his own port group.

I really don’t want to get involved in Mumbai Port, at least not in a short period of time.

Now that Mumbai Port has been won, of course other ports must continue.

In the port industry, we must strive to be the best we can.

Whether it is investing in a state-owned port or building a private port, the port industry must be controlled by itself. I cannot say that it is a monopoly, but at least it must occupy the majority of the market share.

"Boss, this is the latest big move of the Tata Group." Hudi came in and handed a piece of information to Qiao Ge.

This is not a newspaper, it is news that Tulu discovered and has not yet been published in the newspaper.

The information was provided by an insider of the Tata Group, and the information was very detailed.

"Sure enough, it has started." After reading the content, Qiao Ge secretly sighed in his heart.    This is the content of Ratan Tata's reforms for the Tata Group.

In Ratan's view, the current Tata Group is strong on the outside and weak on the inside, and is in disarray. If this situation cannot be changed in time, the group will have big problems.

Especially after the country has undergone reforms and the economy has stabilized, and with the liberalization of countless industries, various opportunities have come.

At this time, if you fail to keep up because of the rigidity of the group, you may be abandoned by the times.

So he shouted the slogan of "Strengthening the Headquarters", and the reforms revolved around this slogan.

1. Increase the proportion of shares held by the group headquarters in each subsidiary. For core subsidiaries such as Tata Steel and Tata Motors, the group's shareholding ratio must be at least half, and the headquarters must have absolute authority to overstep its authority. When acquiring other companies and unable to raise the shares to more than half, you must ensure that you enter as the largest shareholder and try to ensure your own right to speak.

2. Set the retirement age, which must be up to 65 years old, so that the elderly in the family can give up their positions, recruit young people, and make the company younger.

3. Survival of the fittest. Subsidiaries with low performance will be eliminated, sold or merged. The remaining subsidiaries must formulate clear and implementable development strategies, which must be consistent with the general direction of the group's strategy. At the same time, the heads of the group headquarters and various subsidiaries and managers in major positions will be assessed. Those who fail will be dismissed or demoted. Those who are capable will be promoted, and those who are mediocre will be demoted.

4. Reform of core subsidiaries, especially Tata Steel, was in a very serious situation. It was decided to invite top international consulting firms to diagnose the company and then carry out reforms to address the problems. The preliminary plan is to lay off employees on a large scale to reduce costs, while introducing advanced production lines, machinery and equipment and new processes to improve efficiency and ensure that the factory reaches the world's advanced level.

5. The group and its subsidiaries use a unified image externally and try to use the ‘Tata’ brand to enhance brand value.

6. Strengthen core businesses, proactively withdraw from some industries that are not advantageous and highly competitive, and focus on expanding the advantages of Tata Steel and Tata Motors in the industry.

7. Launch an internationalization strategy. Next, overseas markets and investment will be a focus of the Tata Group.

Ratan Tata has put forward his goal of doubling total revenue in four years and doubling profits in three years.

It can be described as ambitious.

Among the seven major reforms he proposed, the second one is the one with the greatest resistance.

The matter of retirement age.

This was met with unprecedented resistance.

It's normal for something like this to happen. After all, his reform has touched the interests of the elderly within the family.

Now the top management of the group are all old guys in power. Latan wants to sweep all these old guys out of the management. How can these old guys just give up?

But in the end it was Ratan Tata who did it.

Because his reform offended those old guys, but it also won the support of the younger generation of the family.

If one group's interests are harmed, another group will benefit.

Originally, these family members, who were in their forties and fifties and in their prime, had no chance to ascend to senior management positions.

They have long been dissatisfied with these old guys holding high positions.

Latan's reforms allowed them to see an opportunity and they rose up.

J.R.D. Tata is a firm supporter of Ratan Tata’s reforms. After all, he knows very well what is going on with his family and group.

If we don't take heavy action at this time, the consequences for the group will be dire.

As a result, after various games, the Tata family finally stabilized after a period of turmoil.

It ended with a total victory for Ratan Tata.

"Boss, this Ratan Tata is really courageous." Hudi sighed, "I heard that he directly scolded those old guys at a meeting some time ago, and almost started a fight. That's not at all Don't give face to the elders of the family. Several elders were so angry that they went to rescue them and almost died."

"It seems that the Tata Group will have an explosive development." Qiao Ge smiled and said, "I didn't expect that he would integrate the conflicts within the Tata Group so quickly."

In Qiaogo's view, Ratan Tata's reform is very important to the Tata Group. I can't say that it has completely solved the contradictions and problems. At least it can make the Tata Group go into battle lightly and its competitiveness has suddenly increased a lot.

Is a strong opponent.

"They are now also working on the listing of high-quality subsidiaries of the Tata Group. They want to quickly expand the number of listed companies to expand the group's scale and raise funds." Hudi said, "Boss, do we want to go public here?"

"Are we short of funds?" Qiao Ge glanced at Hu Di and asked.

"There is not a big shortage, but~~" Hudi was still a little worried, "Reliance Group has also begun to exert its efforts, mainly expanding investment in the petrochemical industry. I didn't expect that after Kuwait suffered heavy losses, they would still be like this Firmly identifying this industry.”

"This is Droubai's vision. A little loss can't stop him." Jogo said.

Reliance Group will next invest heavily in the petrochemical industry. It is precisely through this industry that Reliance Group will expand rapidly.

It has to be said that Reliance Group also seized the opportunity.

Of course, the country's reform this time is also very critical. It can be said that various policies are added. As long as the general direction is right, everything will take off.

"But we can indeed prepare for the listing. Then you and Gulaga Butt will discuss and study it first to see which companies are more suitable for listing." Qiao Ge said.

Guraga Bhat is now mainly in charge of charitable funds and financial investments.

(End of this chapter)