Shetty’s resurgence:
This is a nice story (referring to a recent news story that defined Shetty as a very good person) and I believe every word of it about Dr. Shetty. This is the human side of Shetty but simultaneously, there is another side of Shetty is the business side and that’s the problematic one.
Growing businesses, taking them to the next level and making money are not a piece of cake. You have to do so many things that a normal person can’t even imagine. Securing contracts, obtaining loans from banks, complying with rules and regulations, maintaining good standing everywhere require a businessman/management to do whole bunch of creative things and this is how they make a small business house to a billion dollar company, in this case, a small NMC clinic to a multi-billion dollars business. Trust me, nothing big happens in a company like this without the knowledge and consent of the top guy.
Most businessmen have this characteristics, socially, they’re philanthropic, kind, helpful, etc. and in case of business, they are equally smart, intelligent, clever, manipulators, you name it. Otherwise, doing a fair business will not make you grow much.
Because of my profession, I see this almost on a daily basis among the businessmen.
Point is that you can be simultaneously, a very good kindhearted person socially and and a cunning, clever, manipulating person in business.
While I believe every good thing said in the article about Shetty, I don’t believe for a second that he had nothing to do with all this and will get his name back, not gonna happen.
Having said all this, I want NMC to do well for our investment sake but I don’t expect this to happen due to Shetty’s resurgence, it has to happen through debt restructuring.
