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The fall of the turnaround tycoon
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita......
Ruia gets his best chance to save Dunlop
When Pawan Kumar Ruia was negotiating with the West Bengal government and the workers of Dunlop India's closed Sahaganj factory, he had one strange condition. Apart from many favourable......
Is Pawan Ruia cosying up to Narendra Modi?
“I am not a CPI(M) or a TMC man,” Ruia Group Chairman Pawan Ruia had said, dismissing the “perception” about him as a CPI(M) sympathiser. But, like most industrialists whose......
Pawan Ruia's slipping turnaround tag
Till recently, Pawan Kumar Ruia was known in business circles as a ‘turnaround tycoon’. The group website flaunts it as well but with his flagship tyre manufacturing company, Dunlop,......
High court orders Dunlop liquidation
The high court in Kolkata has ordered winding up of the Pawan Ruia group's tyre maker, Dunlop India. Judge Sanjib Banerjee has directed the official liquidator to take possession of all the......
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