Tuesday, June 20, 2006

A Profligate Foray into Japan

IIPM ! Business & Economy ! IIPM Publication ! ! !

A profligate foray into Japan, acquiring Turkey’s Telsim, and the impaired losses, have dented the balance sheet. Though Sarin is not to be blamed for all the mess, he has not yet been able to exorcise the costly write-offs of the ill-fated $183 billion Mannesmann deal, which is still haunting the company. He has expertly been walking the tightrope for quite some time now. The steadfastness in his belief and attitude can be ascribed to his military background, as his father was a Lieutenant Colonel in the Indian military. Though an Indian by birth, Sarin holds US citizenship now. He had aspired to be a pilot at one time in life, but was persuaded by his mother to shift focus to academic pursuits. He graduatedfrom IIT in 1975 with a Bachelor of Science degree; and then he completed a Master’s in engineering and an MBA (with a Finance specialisation) from University of California, Berkley, in 1978. It was at Berkley that he met his future wife Rummi. Initially, he worked as a consultant in the energy sector; but finally found his love in the telecommunication sector in the year 1984.

For Complete IIPM-Article, Click on IIPM-Editorial Link

Source:-
IIPM-Editorial, Editor:- Prof. Arindam Chaudhuri - 2006



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