I hear some chatter about promoter family’s one son being involved in a grave incident in the past. It has been discussed in this thread above some time back. It can indeed pose a moral dilemma for some when they are deciding to invest. But that’s just half the picture or shall we say less than ten percent of the picture given how much water has flown under the bridge since then.
And so to make the picture complete, I will throw some light on the other son who also own’s a direct stake (thru Piccadily hotels. His name is Kartikeya Sharma.
He is Rajya Sabha MP. He defeated Ajay Maken (RG’s right-hand man) with the help of BJP to get into RS.
His father Venod Sharma is a former Congress MLA but doesn’t do active politics anymore, but still wields a lot of influence in politics and local area. His mother is the Mayor of Ambala – won as an independent. He is married to the daughter of former Congress MLA & Haryana Assembly Speaker.
He is the founder of ITV media news channels which has 12 news channels including NewsX & India News along with a host of regional news channels. And Hindi & English newspapers such as Aaj Samaj, the Daily Guardian & the Sunday Guardian.
He is recipient of several awards:
Person of Year by BusinessWorld in 2022
Best CEO by eNBA in 2016
Champions of Change 2022
In a nutshell, extremely influential set of promoters who are courted by both the main political parties (you can google and find out more) and own a vast media empire built from nothing.
(A reminder – It is also a well known fact that Mallya senior (Vittal) built his vast alcohol empire based on his political connections )
Add to that an undeniable product & brand development capability. Ask anyone – from the people who have tasted and tried Indri, to the salesman at the airport, to the sales guy at any local alcohol shop in Delhi/NCR – and you will know there is something special about Indri.
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