Suits & Sayings: Switching On

This conservative but influential business family has always preferred to stay away from the limelight, play it safe and spread its wings only after deep deliberation. Several opportunities have come its way — from big-bang, headline-grabbing buyouts to bold diversifications. All were declined because they didn’t fit into the wider group strategy or the price was too high. Now though the next generation is exploring greenfield opportunities. While finance, diagnostics, and even sports franchises have been on the radar, consumer electricals is the next big bet, with the plant Bhoomi puja set to take place later in the week.

(For more on our weekly roundup of wackiest whispers and murmurs in corporate corridors & policy parlours, pick up today's edition of The Economic Times newspaper)