How Lord Swraj Paul’s Hostile Takeover Attempt Sparked the Birth of India’s ‘Bombay Club’
In the early 1980s, a seismic tremor shook India’s corporate corridors—not from within, but from thousands of miles away in London. UK-based industrialist Lord Swraj Paul, chairman of Caparo Group, launched one of India’s first hostile takeover attempts, targeting Escorts Ltd and DCM Ltd. His aggressive bid to gain control of these family-run firms exposed…