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MHC should not return to its old indisciplined ways A welcome initiative by the judiciary More tributes to GR Bihar – Nitish Kumar adopts the Lalu model A C Muthiah – his munificent bequeaths to science Muffled voices for merit… Of course, Gujarat is vibrant Tribute – M V Murugappan GM Technology at last! The star of Spencers is no more Tribute – Manikam Ramaswami China invests in India Tough task taking states together Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai A yen for wastage… Revving up the manufacturing sector TN-leverage strength of BHEL, NLC... No engine for this car An enemy’s enemy is a friend Wanted: a second airport for Chennai Readers' Mail Parliament in paralysis... CSR and CMI: promise of another Srinivasan Ramanujan... F C Kohli - his concerns all embracing Where is Rajaji? Inflation: are we emulating Argentina and Brazil? 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Five star activism stalls development activity Cleaning Ganga – relocate tanneries and install electric crematoria West Bengal: mindless malignancy Naidu’s return augurs well for Seemandhra CIPET hqrs to stay at Guindy – for the present? The sea- saw battle continues... The rise and fall of Annamalai University Vibrant Gujarat A glass full of corruption More heat than light Fortune 500 review CRS, a jewel among managers, is no more. TELANGANA at last…BUT EVM is tamper-proof Solar, solar everywhere … Auto components surge… For whom the MIDS bell tolls? Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Gas is the way forward Lesson from Chandrababu Naidu Focus on quality of power - its only around 170-180V How Air-India loses customs... The Ports’ Pasha expands into Tamil Nadu Multi-faceted Venkat SoA @ 80 He saved millions from starvation... Maximising the micro pricing … Infrastructure funding – lessons learnt Computation of GDP – conundrums continue A Grand Finale for SN’s MS centenary at the US… Where a state respects its litterateurs… Sweeter prospects for sugar Contrarian cousins Telangana in top gear… Small units prefers to remain small...
 
Colour-Chem’s colourful KRVS

He assembled a galaxy of chemical professors – Dr T R Govindachari, Dr G S Ladha, Dr M Santhappa and Dr K Narayanan - with the business doyen S Narayanaswamy (Chitra & Co) as Chairman, for the Board of Directors of Vanavil Dyes and Chemicals Ltd, a subsidiary of Colour-Chem Ltd. I recall the ride from Chennai to Cuddalore in a bus along with this galaxy to cover an annual general meeting of VDC. There was no dull moment in the six hour trip with each celebrity coming out with a brilliant story now and then!  

In the demise of K R V Subrahmanian (KRVS) who worked for Colour-Chem for 37 years rising to the position of Vice Chairman and Managing Director, the country has lost a multi-faceted, colourful personality.  Colour-Chem was then an associate of Bayer AG and Hoechst AG, the German chemical giants that helped transfer chemical technology from Germany to India.

KRVS, a post-graduate in economics from Madras University, had management education from Urwick Orr and Partners, UK and the Columbia University, USA. He was widely involved in marketing and general management that extended to banking, mutual funds and corporate finance. KRVS headed with distinction the Indian Chemical Manufacturers Association, Bombay Chambers of Commerce and Industry and the Indo-German Chamber of Commerce and was on the Board of several companies.

IE had interacted with KRVS, especially after he expanded operations to the south through Vanavil Dyes and Chemicals. I remember his expressing concern over the race for high pay packets triggered by the financial services sector: “it distorts the entire gamut of employee compensation. After all, there is a limit to the value addition brought about by finance services companies. Look at the exotic wage compensation, of $300,000 p.a, for a chief executive of a financial services company! What is he/she going to produce for this price? Exotic jumps in production and productivity are not possible in manufacturing operations. After all, the financial services sector has to be paid ultimately by the manufacturing sector,” he said in an interview to IE.

KRVS was accessible and had mentored many on vital management functions. IE records its condolence to the family of this accomplished business leader.

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