The Wadia vs Wadia

10 embodied battles to remember Wadia vs Wadia and Goenka Nusli Wadia ( leftfield) has been called a corporate samurai. His battles with Dhirubhai Ambani and Rajan Pillai ar legendary. His commencement exercise corporate brawl was a curious case, granted who one of his opponents was his own father. Neville Wadia had decided, in 1971, to sell Bombay Dyeing Ltd to take-over tycoon R. P. Goenka (right). A young Nusli Wadia ref utilise to accept the deal. He had his back to the wall, yet fought back fiercely by getting the rest of the family, the unions and even J. R. D.Tata to thwart the deal, showing untimely signs of a rare ability to lobby and win allies in a tough battle. This is one of the few instances when Goenka lost a takeover battle. HP Nanda vs Swraj Paul In the archeozoic 1980s, with the tacit support of the therefore sexual congress judicature, Swraj Paul (right), a non-resident Indian, lay downed an aggressive takeover shout for Escorts Ltd. The latter(prenomi nal)s promoter H. P. Nanda (left) put up a fight, just now confront a backlash from the brass that asked financial institutions with a stake in Escorts to support Paul, and launched a series of tax investigations.Nanda hung on, and in 1984, the courts ruled in his favour. ITC vs BAT In 1996, British American Tobacco Industries Plc (BAT), the single largest stockholder in ITC Ltd, and led by Martin Broughton (right), do a play for influence of the Indian conjunction. But ITC, under K. L. Chugh (left), was able to convince the Indian government the fight was between a strong, well-managed and board- course Indian company and a predatory multinational. Government-owned institutions with a stake in ITC helped avert the threat. The Birlas vs Lodha Priyamvada Birla(left), widow of M.P. Birla, died childless in July 2004, leaving all her assets, valued at Rs3,000-5,000 crore, to Rajendra Singh Lodha (right), the MP Birla crowds auditor. When the Birla family came to know about her w ill, they opposed it, saying she could not have left her assets to an outsider. The Birlas claimed in court that Priyamvada Birla and her husband had earlier written an irrevocable shared will in which they said all their assets would go to charity. Various cases are being fought between the Birlas and Harsh Vardhan Lodha, R.S. Lodhas son, who is now MP Birla group chairman. R. S. Lodha died in October 2008 after a cardiac arrest at B. K. Birlas flat in London. Harsh Vardhan Lodha has yet not secured probate of Priyamvada Birlas will, plainly heads the group with the support of directors of holding companies that own imperative jeopardize in MP Birla group firms. Nusli Wadia vs Dhirubhai Ambani PTA and DMT are innocuous abbreviations for two chemicals used to produce polyester. Together they reacted to create a national explosion in the 1980s.Reliance Industries Ltd run by Dhirubhai Ambani (right) and Bombay Dyeing Ltd led by Nusli Wadia (left) were stiff competitors in the poly ester market, with the former using PTA and the latter DMT as the main input. Those were the days when the government had a say in technology choices, so what ensued was a hot lobbying war that in conclusion led to a political crisis for the Rajiv Gandhi government in New Delhi and a murder investigation in Mumbai. Vijay Mallya vs Manu Chhabria Photo India like a shot Vijay Mallyas corporate spat with the new-made NRI raider Manu Chhabria (right) was an epic one, fixed n early(a) 20 years.It all began in 1984, when a then transcendental Chhabria made a hostile bid for liquor major Shaw Wallace and Co. (SWC). Mallya (left) claimed the bid was actually made jointly by an offshore firm in which he was a partner, while Chhabria disputed that and eventually gained ownership of SWC. A legal battle raged for years in Hong Kong, during which Mallya also partnered Chhabrias estrange brother, Kishore, and kept up the pressure for getting what he believed rightly belonged to him.It wasn t until March 2005 that the battle came to an end with Mallya finally acquiring a potencyling interest in SWC from the Chhabria family, three years after Manu Chhabria died at 56. rattan cane Tata vs The Tata satraps In 1991, Ratan Tata (left) inherited a business group that was run by a confederation of ageing satraps under the benign control of J. R. D. Tata. The Tata scion wanted tighter control over the companies in the sprawling empire, and that led to a showdown with the likes of Russi Mody (right), Darbari Seth and Ajit Kerkar, all men of considerable achievement but resistant to change.The younger Tata did not have a very thriving track record till then but he eventually took control and transformed the Tata group, making it the ambitiously global and relentlessly advance(a) group that it is today. Wadia vs Rajan Pillai Photo India Today Nusli Wadias battle to acquire Britannia Industries Ltd made the headlines in the late 1980s, when he first tried to buy cooky maker B ritannia, then owned by US giant RJR Nabisco Inc. Wadia (left) first met the Nabisco brass through a friend, NRI cashew trader K.Rajan Pillai (right), in the late 1980s. But Nabisco changed its mind about exchange to Wadia and appointed Pillai chairman of Britannia. This glowering the two one-time friends into foes. Soon Pillai acquired Britannia and partnered with French food company, Danone SA. Then the French company fell out with Pillai, accusing him of fraud, and instead tied up with Wadia. later a bitter boardroom battle, Pillai was ousted and Wadia eventually took over Britannia in the early 1990s. Pillai later died in custody in an Indian jail.L&T vs RIL In the late 1980s, Larsen and Toubro Ltd (L&T) chairman N. M. Desai, discovering that Manu Chhabria (right) had acquired a stake in the firm, presumably to launch a hostile bid, got Reliance Industries Ltds (RIL) Dhiru-bhai Ambani (left) to buy a large stake and come in as a white knight. Ambani had designs of his own an d became chairman with the support of the Congress government that asked financial institutions with stakes in L&T to back him. RILs plan was thwarted when the Congress lost power in 1989.RIL sold its stake in the early 2000s to the Aditya Birla group, triggering another takeover battle that ended with L&T selling its cement business to the group. Bajaj vs Bajaj In 2001, Kushagra Bajaj convinced his father Shishir Bajaj (left) to ask the Bajaj set to transfer to them the two companies they managed, a sugar producer and a consumer products maker. The Bajajs, Shishirs brother Rahul (right) as well as cousins Madhur, Shekhar and Niraj, initially demurred. They eventually agreed, but not before dirty linen had been washed in public.