Company Overview of RPG Enterprises Limited
RPG Enterprises Limited, through its subsidiaries, operates in tyres, information technology, infrastructure, pharmaceuticals, energy, and plantation businesses in India and internationally. The company manufactures and sells tyres through a network of dealers; designs, manufactures, and constructs turnkey projects for power transmission sub-stations, as well as offers optical fiber cable and extra high voltage cable installation solutions; constructs transmission lines ranging from steel lattice towers for high-voltage power transmission to telecom towers, as well as substation towers; develops pharmaceutical and biotechnology products for various therapies, such as gastro-intestinal, pain ...
463, Dr. Annie Besant Road
Mumbai, 400 025
Founded in 1979
Key Executives for RPG Enterprises Limited
President, Chief Executive of Tyres Sector and Member of Management Board
President, Chief Executive Officer of IT Sector, and Member of Management Board
Chief Financial Officer and Member of Management Board
Chief Executive Officer of Technology Sector, President of Technology Sector, and Member of Management Board
Member of Management Board and Managing Director of CEAT Limited
Compensation as of Fiscal Year 2016.
RPG Enterprises Limited Key Developments
RPG Enterprises May Reportedly Acquire Interest In New IPL Team
Nov 12 15
Sources confirmed to The Times of India that RPG Enterprises Limited was looking to acquire one of the two new Indian Premier League (IPL) teams which are up for grabs. A source in RPG Enterprises said, "We are looking at bidding for a franchise. A two-year window to own and run an IPL franchise is a great opportunity to dip your feet and see if a long-term association is possible." RPG Enterprise's declaration of intent came on the same day the Indian cricket board (BCCI) released the invitation to tender for the right to manage and operate the two proposed franchises, which will be a part of the league only for the 2016 and 2017 seasons.
Reliance Industries And RPG Seek Acqusitions
Sep 18 15
Reliance Industries Limited (NSEI: RELIANCE) and RPG Enterprises Limited are looking to invest in startups closer to their businesses. "We need to use this churn to create few new businesses for us," said Sachin Nandgaonkar, Management Board Member at RPG."Our focus is portfolio enhancement, not wealth creation, and we want to buy stakes in startups that we will allow us strategically influence decisions but keep the founders reasonably interested." The group has evaluated at least 50 proposals between June and August and is interested in minority stakes at Seed or Series-A funding level. Both Reliance Industries and RPG Group made it clear that they don't plan to acquire any startups at least for now, because this would turn founders into employees and kill the culture required for innovation.
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