Financial thriller: Mini Balachandran fights an aggressive takeover bid of her father’s company

Problems started raising their heads one by one. Vinayan had very little money to invest. A maximum of fifty thousand rupees. If only he had a project report and an idea related to the schemes aligned with a bank’s goals, he might get a loan. But the bank would demand a mortgage. The only asset that remained was the house inherited by his mother. Vinayan decided against it. No question of appealing to Amma again for a signature!

Another issue was that Vinayan was not an expert in any sector. For scions of traditional business families, there wasn’t any need to search for a particular business area. Unlike them, Vinayan had no legacy in any business field. He had certain firm beliefs about right and wrong, that was all. And a few khadi clothes.

In the beginning, quite unsure of the way ahead, Vinayan had discussions with many friends. Many of them gave great advice. However, for every suggestion, there was a non-negotiable requirement: Money. Cash for expenditure, until the business turned successful.

Vinayan got a transport contract with a semi-governmental organisation for three months. It involved procuring rice and pulses from Maharashtra and Andhra Pradesh. He was supposed to transport the merchandise...

Read more