Following Ramaswamy's complaint, at 4:15 am, a group of policemen reached the spot and secured the place. Muthiah, a professionally qualified individual, having work experience in the United States by having professionals with rich experience. BS Reporter | Welcome to the Chettinad Group. Muthiah's lawyer told reporters that Muthiah had reached Chennai from Singapore at around 11 pm and driven straight to Chettinad House — the father and the son stay in the same complex but in different blocks — and found his room and office locked. Team Business Standard, Insiders in the group and other sources confirm that it is indeed Muthiah who has been steering the ship for over a decade now. He still owns around 1,000 horses, according to reports. For developing infrastructure, the Ennore Coal Terminal was commissioned under Public Private Partnership with Ennore Port Limited. Chennai The two new green site cement plants were commissioned in Ariyalur and Karikali near Dindigul. Enjoy Reading! Our Managing Director has been elected unanimously as a president of the cement Manufacturers Association - India in January 2012 and he will continue to hold this position for a term of 2 years. In 2012, Forbes had listed Ramaswamy as the 88th-richest person in India, with a net worth of $650 million. Your support through more subscriptions can help us practise the journalism to which we are committed. The ongoing tussle between former Chettinad Group chairman M A M Ramaswamy and his adopted son, M A M R Muthiah, took an ugly turn early Saturday morning, with a group of 30-40 men breaking into Chennai's Chettinad House, allegedly to steal some documents. We, however, have a request. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Muthiah earlier claimed, "For the past 15-16 years, though my father was chairman, I was running the business because he had other interests. His palatial house, Chettinad House, was estimated to be worth Rs 1,700-2,000 crore. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. ... JSW Infra completes acquisition of Chettinad Group’s port biz for Rs 1K cr. The future of the House of Chettinad as a corporate is marching towards providing total customer satisfaction providing quality Education, Health and infrastructure facilities to uplift the society, which will continue in the future too. Read more, Chettinad Power Corporation Private Limited (CPCPL) is listed as Indian Power Venture and a Mega Power Project development company in India. It was founded as the Annaamalai Chettiar Group by Annamalai Chettiar. The group has interests in cement and education, among other sectors. Our Managing Director is also very much interested in extending the Corporate Social Responsibility to the community around which it operate and better environment management to ensure sustainable development. The core values of the House of Chettinad Strive, Save & Serve continue to remain the same since 1912 with its dynamic vision changing according to times. Visioning for the new millennium, the present Managing Director envisaged Industrial, Infrastructural Development, Education and Health Services are the need of this century in which he wanted his group to participate and contribute. To this, Murali’s answer was that it was Ramaswamy’s men who tried to cut off his client's access to his residence at Chettinad House, and when Muthiah’s security people retorted, they were attacked. Digital Editor. Read more. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Besides these, the group is also managing schools for children and a special school for differently abled children. We touch and uplift the lives of the people in India through establishing and maintaining world class industrial, infrastructural, educational and health care facilities to give quality of products and services, in which it deals with, to our valuable customers, at a competitive price. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. Our Managing Director is the youngest person to be elected to hold this position at the age of 40 years. Previous: SCF Group increases net profit and contract backlog by more than double in first 9 months of 2020. 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