Manohar Rajaram Chhabria

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India Today Nandini Vaish

December 19, 2008

Among the original corporate raiders of the country, Dubai-based Manohar ‘Manu’ Rajaram Chhabria picked up a large stake in Shaw Wallace in 1987 for Rs 35 crore, which remained mired in controversy and was finally sold to arch rival Vijay Mallya 20 years later. Spending over Rs 300 crore on acquisitions, he bought stakes in companies such as Hindustan Dorr-Oliver, Mather and Platt and Dunlop India. “Hardly any other Indian businessman has climbed to the top 10 league so rapidly.” (India Today, January 1989).

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