Suits & Sayings: Long Wait

The road to Dalal Street can sometimes run through the family dining room. At a closely held consumer business, professional managers have been quietly laying the groundwork for a long-awaited public listing. But while preparations have been gathering pace, the promoters appear to be in no hurry. The two siblings who call the shots are said to be divided over how much of the company to offer to the public and, more importantly, when. The uncertainty is beginning to test the patience of executives who have spent considerable time preparing for the IPO. Some are also counting on the listing to finally unlock the value of their stock options. For now, though, the family seems happy to let the matter simmer. And the executives are left wondering just how much longer they must wait for their share of the cookie.

(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)