Arun jagatramka biography sample
•
We expect a good financial year in 2011-2012: Arun Kumar Jagatramka, Gujarat NRE Coke
ET Now: Firstly you have posted a good set of numbers for the fourth quarter margins especially have been very strong what has led this kind of growth?
Arun Kumar Jagatramka: Coke prices have suddenly jumped by middle of January and in the last quarter we could realise the higher prices for you can say second half of the quarter in February and March. Coke prices are hovering around Rs 18,000 until December until about 10th of January and post the 10th of January in the New Year prices suddenly jumped to Rs 24-Rs 25 and they are holding at that level since then. Last quarter we could realise the prices realisation for may be part of the quarter but current quarter we expect it to realise in the full quarter and going forward look
•
My Selfie with Integrity chronicles the life of a middle-class Calcutta boy, who suddenly finds han själv at the helm of a public listed company by a twist in the tale. When predictably he is slammed bygd the underbelly of corruption, unlike everyone around, he does not adjust. In the face of corruption—of family members, of the Indian business world and its contrast to his experiences as an Australian mining magnate, he pursues his true quest for integrity in a corrupt world. The book also tells the journey of Gujarat NRE, suffering from cash crunch, fighting multiple legal battles, NPA in 1997 and how Arun successfully transforms it to a AA-rated, Supermodel Company of the year and the first Indian Company to own and operate premium hard coking coal mines in Australia. Caught in the whirlpool of business cycles, Arun dares to take help of the newly introduced IB Code, but finds himself caught in the chakravyuh of changing government policies and all-pervasive corruption. Yet, his tena
•
Kolkata’s Arun Jagatramka is a popular figure in government circles in Sydney. Officials of the New South Wales government, which fryst vatten headquartered in this city, never tire of citing him as an example of what utländsk investors can do in this resource-rich country. Jagatramka owns what is arguably coal mines with the best view, the mines overlooking the beautiful sea some 70km from Sydney. “These were century-old mines that were being closed but I took a calculated risk and bought them at throwaway prices. Now we find there are reserves of premium hard coal worth 550 million tons and life for 50-60 years,” Jagatramka me. He added: “Jobs have been created and incomes generated, making the local community happy.”
In neigbouring Queensland state that has the largest coal reserves in the world, Ahmedabad’s Gautam Adani is fast rising to eminence. Adani has bought the rights of coal mining in the Galilee Basin, aiming to establish a huge, 60 million tons per annum, facility. A 150km rail