Aggression pays in the long run, and Reliance Money is ‘cashing in‘ on CEO Sudip Bandyopadhyay’s aggressive stance to expand ADAG’s financial services foray. By neha saraiya
“Let’s get it done,” gushes the dynamic Director![]()
and CEO of Reliance Money, Sudip Bandyopadhyay, when asked to comment on his leadership mantra. The line is reminiscent of Bandyopadhyay’s brazen aggressiveness to accomplish what many of his peers can only dream about. He has successfully led Anil Dhirubhai Ambani’s foray in the financial services domain, to emerge as one of the leading brokerage firms in the country today. Within just eleven months of its launch, Reliance Money (an offshoot of Reliance Capital, which crossed a total customer base of 14 million this financial year, recording a three-fold jump in one year) has been rated as the largest broker house with a distribution reach of 20,000 plus across 10,000 touch points, with a pan India presence in nearly 4000 towns/cities. The company has also bagged the recognition for being the top brokerage house in the Starcom Worldwide India Investor Survey for the year 2007.
“At Reliance Money, our approach is completely different. We don’t charge any brokerage as our security is unique. We have a security token, a trading clause and a mobile portal,” avers Bandyopadhyay, detailing qualities that makes Reliance Money distinct form others of its ilk. And Bandyopadhyay should know. He has been at the forefront of this initiative right from the very beginning. A commerce graduate and a chartered accountant and cost accountant by qualification, Bandyopadhyay has worked with HUL and ITC (as head of treasury & investments) before joining at the helm of Reliance Money. Ever since, he has been consistently working to bring out innovative investment models for large and small investors, eager to make a buck.
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Source : IIPM Editorial, 2008
“Let’s get it done,” gushes the dynamic Director
“At Reliance Money, our approach is completely different. We don’t charge any brokerage as our security is unique. We have a security token, a trading clause and a mobile portal,” avers Bandyopadhyay, detailing qualities that makes Reliance Money distinct form others of its ilk. And Bandyopadhyay should know. He has been at the forefront of this initiative right from the very beginning. A commerce graduate and a chartered accountant and cost accountant by qualification, Bandyopadhyay has worked with HUL and ITC (as head of treasury & investments) before joining at the helm of Reliance Money. Ever since, he has been consistently working to bring out innovative investment models for large and small investors, eager to make a buck.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
Emkay Share, “DLF Assets holds property and earns its bread and butter from the capital appreciation and rents from various properties that it has acquired from DLF. The infusion of growth capital will help DLF Assets to acquire more and more assets. DE Shaw & I PCC are betting on the Singapore listing (and may exit at the time of listing to rake in handsome returns) for which DLF Assets still needs to provide a lot of clarifications. For now, DAL is aggressively adding more properties to its existing portfolio, with plans to spend $1 billion annually for acquiring properties.”
quitting circa 2005, NCR’s stocks dipped southwards by 17%. It was that kind of respect that this man drew at the Wall Street before accepting to be HP’s knight in shining armour post a debacle known as Carleton S. Fiorina, the brain behind HP’s Compaq takeover.
has morphed its marketing manner in sync with the needs, wants, desires and aspirations of the market at large. This is true of both the channel management strategies of the company, as well as the customer management process altogether. In fact, HUL has not always been a pull-led company. In the past, its efforts have been to seed the market when the concept of a detergent was alien to the Indian consumer. Having initially seeded the thought, the company moved on to manage the channel of distribution in depth. This was all about a push-led strategy that sought to load the shelves in a bid to create big displays that actually led to big offtakes. These offtakes were related to the ability of the retailer to push stocks out to the consumer as his shelves were loaded and inventory was high.
immense faith in the Public-Private-Partnership model for infrastructure development in India – a faith that seems to be paying rich dividends too. Take the airport space, for instance. Winning the bid has awarded it a 30-year operation, management and development agreement for the highly lucrative Indira Gandhi International Airport at New Delhi, as well as build, operate, develop & maintain rights for a Greenfield international airport in Hyderabad. Though the proposal for a second international airport is proving to be damp squib, the PPP approach for airport infrastructure seems to be spot on thus far. 
ich brought out Dr. Fixit, has utilised the online medium to get closer to the customer and empower them with information on its products in cities (Dr. Fixit Centres) and small towns (Dr. Fixit Shoppees). On the online initiative, Anantha Subramaniam, Team Head – Marketing, Construction Chemicals Division states, “The new Dr. Fixit website is primarily targetted at technologically aware consumers, enabling them to get all the basic know-how and solutions to household waterproofing, tiling and repair problems.” The website also provides contractors’ and builders’ information on different choices of products et al.
restlessness growing by the minute; but then our small prayer was answered and how! Unlike many, he believes in keeping conversations short and sweet (saving us time), but simultaneously demonstrating a strong presence of mind and crispness in answering all our queries. When you meet this man, the first aspect that meets the eye is his semi-casual attire along with his semi-casual behaviour (neither very formal nor very laidback). In short, his no-frills attitude made us feel really comfortable in the true sense of the term. This is how Guy Murphy, Worldwide Planning Director, JWT, presents himself to us, and no differently to the world.