Word: rothschild
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...takeover bid by Tata Steel. If the deal goes through, it would be the largest-ever Indian acquisition of a foreign firm, and it would catapult Tata from the world's 56th largest steel producer to the fifth. "Nothing succeeds like success," says Sanjay Bhandarkar, managing director of N.M. Rothschild private bank in India. "All credit goes to Ratan Tata. He clearly has a vision and knows what he's doing." Tata is one of Asia's most influential businessmen. And perhaps more than any other company, Tata group exemplifies India's metamorphosis into a modern economy. For much...
...says Tata. The same holds true for the latest steel deal: it fills a gap. Corus makes a wide range of high-end products not in Tata Steel's repertoire. The pairing will give Corus access to cheaper steel while handing new markets and know-how to Tata. Says Rothschild's Bhandarkar: "Other Indian groups look at things opportunistically. Tata is the only one with an international strategy." An eye for strategy clearly runs in the family. Group founder Jamsetji Nusserwanji Tata knew how to turn a profit. But J.N. also had a patrician vision of spreading wealth and lifting...
...conundrums for Bordeaux is its renown. The region's top wines command investment-banker prices because of their quality and limited supply. These makers have no interest in being associated--even remotely--with down-market plonk. Why would they when Chteau Cheval Blanc and Chteau Lafite-Rothschild, for example, are currently selling their 2005 vintage for about $700 a bottle? But producers in the middle aren't happy. They worry that the massive price increases pushed through by the likes of Chteau Pontet-Canet will give consumers the message that all Bordeaux are expensive. "What does...
...group of Maoist intellectuals [an error occurred while processing this directive] launched their journal in the aftermath of the 1968 Paris riots, Libé - as the left-wing daily paper is dubbed - appears close to death. The title's unlikely major shareholder, the aristocratic banking heir Edouard de Rothschild, has given a joint staff-management committee until this Wednesday to present its plan to save the title. The board will consider this plan along with two other ideas, one devised by Rothschild and the other by Edwy Plenel, a former Le Monde editor who hopes to become...
...Happiness: Ordinary Lives in Revolutionary America” receives consistently high marks. And if that’s not enough of a specific year for you, there’s another; B-34, “The World in 1776,” team-taught by visiting professor Emma Rothschild, Richard Tuck, and Sugata Bose. But heed the word on the street that this class should be avoided—the three professors do little to coordinate their lectures, and topics that one would expect the class to focus on (the American Revolution, perhaps?) rarely come up.Fudging...