The CIL Story
Coal India (CIL) contributes about 82 per cent to India's coal production. In this book, Partha Sarathi Bhattacharyya, the former chairman and managing director of CIL, tells the story, warts and all, of how he dealt with the Dhanbad coal mafia, how he changed the way the industry was perceived, how he dealt with the trade unions and the government and, most importantly, how he was able to script one of the greatest success stories the country had ever seen.
Mr Bhattacharyya, the then chairman of Coal India who spearheaded the company's initial public offer (IPO) in 2010, comes live with a first-hand account of what caused such resounding success. Having joined as a management trainee at the age of 26, he has seen the exciting transformation journey of CIL.
According to the author, CIL's story is fascinating in its own right to any discerning mind. "It is a home-grown story crafted by the management based on the application of tested principles of strategic and financial prudence combined with innovative thinking, not to mention the support from the government and the employees. Of course, the story left a lasting impression on investors worldwide," Mr Bhattacharya writes in the book.
About the author
Partha Sarathi Bhattacharyya
joined CIL as a management trainee in 1977 and ultimately went on to become its chairman and managing director in 2006. He engineered the country's largest-ever IPO - a Rs 15,000-crore offer which was subscribed over 12 times.