Dilip Shanghvi
Dilip Shanghvi
Dilip Shanghviis an Indian businessman and one of the richest persons in India. He founded Sun Pharmaceuticals with a partner, Pradeep Ghosh. The Government of India awarded him the civilian honour of the Padma Shri in 2016...
NationalityIndian
ProfessionBusinessman
Date of Birth1 October 1955
CountryIndia
almost board cannot directors financial produce reliable remain seven simply statements
A board of directors that cannot produce reliable audited financial statements for almost seven years simply should not remain in office.
exhibit few projects
Projects can take years to exhibit proof-of-concept and a few more years to be converted into commercial realities.
companies learns looks successful
Personally, I feel that a company which looks at problems of other companies and learns from their mistakes is a successful one.
good
If a company is not doing well, it doesn't necessarily mean that it is not a good company.
money work
Money is the outcome of my work and is incidental.
cap
There is no sense in getting excited by market cap because it is a tool.
Taro will continue to exist as an independent company.
merger whenever
Whenever you look at any potential merger or acquisition, you look at the potential to create value for your shareholders.
people work
It is always a challenge to work when people have big expectations. I would much rather feel comfortable working without expectations.
clearly distinct owner performance positions reviewing
Clearly in my mind, I have two distinct positions - owner and manager. So I am open to reviewing my performance as a manager as any other person in Sun Pharma.
prepared
I like to win without fighting. But if I can't, then I'm prepared to fight.
business buy good targets terms
I have targets for business achievements; I do not have targets for acquisitions. Because if you have targets for acquisitions, you end up making compromises in terms of valuations, and you buy things because you have a target, and it is not good for business.
I have never seen myself as a promoter. I always evaluate myself as a manager.
brink clearly drain endless false hearing promises reach receiving shares watching
After watching Taro reach the brink of bankruptcy, seeing their shares delisted from trading, hearing endless false promises about receiving audited financial statements, and witnessing an unchecked drain of company resources, the shareholders have clearly had enough.