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Morality Tale

It is being seen as the ultimate morality tale, the saga of a once powerful and wealthy Mumbai family, which through ego, infighting and misjudgment frittered away its vast wealth and name

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Malavika SangghviIt is being seen as the ultimate morality tale, the saga of a once powerful and wealthy Mumbai family, which through ego, infighting and misjudgment frittered away its vast wealth and name.

Yesterday, when the debonair Nitin Kasliwal Chairman and MD of leading textile firm S Kumars (makers of the Amitabh Bachchan endorsed Reid & Taylor) photograph was carried in a creditor’s advisory in a name and shame initiative, it convulsed the business community.

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