Reborn as a Police Officer in India

Chapter 478: Opposition from the Tata Family
"If banks can't lend money, can't other financial institutions?" Cyrus said lightly.

The assistant hesitated for a moment and said, "Boss, the interest rates at those financial institutions are much higher than banks, and the conditions are much more stringent."

If you really want to raise funds, you can certainly get it, as long as you pay a high price and high interest.

The assistant just wanted to borrow money from the bank, as the interest rate on the loan would be more reasonable.

Many others are considered usury.

Many companies borrowed these high-interest loans and ended up falling into the trap. The profits they made might not even be enough to pay the interest, and the interest compounded, eventually leading to bankruptcy.

"It's okay. Compared to the future profits, this little interest is nothing." Cyrus said, "You should do it immediately. I want this piece of land. That guy Rotten still wants it. It's just wishful thinking!"

"Yes." The assistant replied quickly.

He understood what was going on.

It turned out that Sori's interview irritated the boss.

As for what the boss said about Roton, the assistant was very clear about it.

Of course he knew that Rotun was behind Sori, and he also knew about some of the grudges between the boss and Rotun.

According to his understanding, the boss targeted Sori in order to take revenge on Rotten.

The boss doesn't even take Sori seriously. Only Rotun behind Sori is the boss's target.

He has already seen the news about Sori's interview.

It has to be said that Sori seems to be full of confidence. He wants to acquire this piece of land in downtown Mumbai. He also said that after acquiring the land, he will build a Mumbai Garden, which will be the most luxurious real estate in Mumbai and even in India.

In his opinion, this is just bragging.

Of course, he did not deny that Sori was indeed very powerful. With the influence of Reliance Group and Tata Group, Sori had abundant financial resources.

No wonder the boss asked me to double the funds raised. He wanted to fight Sori, or Rotun, to the end.

The boss will definitely not let Roton get what he wants or what he likes.

Bank loans have limited limits, but there are many other financial companies that provide loans, and you can even borrow money from wealthy private individuals.

In short, Cyrus has now opened up this loophole, and it doesn't matter even if the interest rate is a little higher. The assistant's nervousness was finally relieved.

And this is a good thing.

If you seek loans from financial companies, you can get a lot of benefits as the person who handles it.

For example, when negotiating loan interest, as long as he is willing to make more concessions, he believes that the other party will give him a huge kickback.

Anyway, this is the money that SP Group will pay in the future. It belongs to the Mistry family and has nothing to do with him as an assistant.

Why not grab some money now?

What you get is yours.

Moreover, he would have no problem with such an operation.

Because in the future, Cyrus will definitely give himself an interest rate within a range, for example, the loan interest rate can be between 5-7%. He and the lender will agree that he will try to get as close to the upper limit of 7%. In this way, the benefits will be transferred and the kickbacks will come.

There was also movement on the SP Group's side. Cyrus also spoke in a news media, saying that their SP Group was determined to acquire this piece of land in downtown Mumbai.

This really feels like a confrontation.

Of course, some other powerful real estate development companies also made such statements.

There is no way, land in Mumbai city is too hard to come by.

After seeing the news, Natarajan finally understood that Rodon was probably targeting Cyrus.

Because Roton said that large-scale investment should be strictly controlled, but Sori claimed to the outside world that this project must be won. Isn't this obviously a deception?
He believed that Luoton could not be targeting some other real estate development companies, it could only be SP Group and Cyrus.

Some time ago, Cyrus had several bidding competitions with Sori.

He could also see that Cyrus was targeting Sori, probably because of his grudge with Rotten.

I can see this, and I believe Luo Dun knows it even better.

That's why Rotun asked Sori to do this.

Now that Sori has spoken, can Cyrus show weakness?
That was impossible given Cyrus's character.

Sure enough, Cyrus also responded.

Ever since the Tata family reconciled with the Mistry family, he knew that Rotun had basically stopped targeting Cyrus.

No one cares much about some small actions.

These small actions are mainly from Cyrus's side, and he also takes actions against the Tata family.

The so-called reconciliation before was actually a temporary one, not a complete reconciliation.

Because the Mistry family and the Tata family have not yet fully sorted out their interests within the group, especially since these shares are still frozen.

Ratan agreed to temporarily loosen the Mistry family's reins, but that depends on how they perform next.

As for how long it will take to actually lift various restrictions, such as unfreezing shares, it depends on Ratan's mood.

Cyrus was obviously still dissatisfied with all this and kept making all kinds of small moves.

Of course, a big shot like Ratan would not make a big fuss about these small actions. As long as it did not have too much impact on the business of the Tata Group, he would not bother to pay attention to it.

If these things were just some personal grudges between Roton and Cyrus, Natarajan probably wouldn't care.

However, this incident made him feel nervous. It was not that he was worried about the situation at the real estate company. Even if there was a loss there, it was nothing for the Tata Group and the Tata family.

What made him feel uneasy now was why Rotun did this?
Rodon had previously said that the real estate company's large investments would have to be stopped, and even if they wanted to invest, they would have to get his approval. Natarajan didn't think much about it before.

But now he had to think more.

Luo Dun is obviously not optimistic about this real estate development project in downtown Mumbai.

Combined with the fact that Roton restricted other major investments, Roton is not only pessimistic about this project, but also other projects.

Natarajan was a little confused. Was Roton just pessimistic about the real estate industry, or was it the same with other industries?

If it was just the former, it would be fine, but if it was the latter, then there would be a big problem.

Although Rotun was not a businessman, he was aware of the plans Rotun had given to Sori before.

From these aspects, it can be seen that Roton definitely has a very advanced vision, and this vision is unique and very accurate.

If we follow Roton's approach, especially the latter, does that mean we are not optimistic about the economy?
So should some of the Tata Group’s big investments also be slowed down?
Natarajan felt that he needed to have a good talk with Rodon.

He is now in charge of the Tata Group and is under a lot of pressure.

It can be said that he came to power with the strong support of Ratan, and many people within the group were dissatisfied with him.

In fact, the biggest opposition comes from the Tata family.

Ever since the Cyrus incident, a large part of the Tata family believes that outsiders are unreliable, and the new chairman of the Tata Group should be selected from the Tata family, as talents from their own family are reliable.

Klatan rejected those people's ideas.

Because, in Ratan's view, the Tata family currently lacks the talent to support the Tata Group. If they lack the ability and force a family member to take the position, the consequences may be even more serious.

Finding a capable outsider whom you can trust is obviously the best choice.

It won’t be too late to take over the position of chairman when a capable member of the family emerges in the future.

In addition, from the outside world's perspective, the Tata Group is basically considered to belong to the Tata family and is family-ruled.

This is not good for the group's external image, especially since the Tata Group has now expanded overseas, and family-style operations will obviously not be favored by foreign capital.

The Tata Group will invest overseas and cooperate with large foreign capital and financial institutions.

The family-run business gives people a sense of opacity, which makes the other party feel uneasy when cooperating with foreign institutions, causing the Tata Group to lose many opportunities.

Therefore, it is very necessary to change the business philosophy.

Professional managers, that is the normal operating model in the country.

Many former family businesses abroad were eventually handed over to professional managers.

After all, these people are more professional.

Ratan suppressed the different voices of this group of people, but Natarajan was very clear that he had to achieve results in this position.

Those who opposed him were all staring at him now, and any problem he had would be magnified infinitely by those guys.

"Mr. Tata, let me report something..." Just as Natarajan was thinking, a voice was heard outside the door.

Before Natarajan could react, the office door was pushed open.

"Natarajan, I have something to talk to you about." A man in his fifties came in.

Behind him was Natarajan's assistant, who looked at Natarajan helplessly.

"Mr. Chairman, Mr. Tata?" The assistant wanted to explain.

He wanted to stop it just now, but he couldn't.

This guy just barged in like that.

"You go down first." Natarajan said lightly.

He knew very well the temperament of the guy in front of him, and his assistant couldn't stop him.

Relying on his status, he has no respect for me, the chairman of the group, let alone my assistant. How could the other party take me seriously?

"Noma, what's the hurry?" Natarajan asked him to sit down.

Norma Tata, a member of the Tata family, is also the nephew of Ratan Tata.

Ratan Tata remained unmarried and had no children.

A few years ago, a reporter interviewed Ratan about the reason why he remained unmarried. Ratan said that he had almost gotten married four times, but gave up in the end because of fear and other reasons.

As for other reasons, no one is very clear.

The fear expressed by Klatan gave the people a lot of imagination.

It is generally agreed that the reason for Ratan's fear is probably related to his childhood experiences.

When Ratan was a child, his parents divorced, which must have left him with psychological shadows and trauma.

This caused Ratan to be afraid of marriage when he grew up, and he became what he is now, unmarried and childless.

As Ratan's nephew, Norma was originally a very popular candidate for the new chairman.

Norma is from the Tata family and has been working in the group.

When Cyrus came to power, Norma was very dissatisfied.

During the course of his work, he opposed Cyrus in various ways.

He would object to Cyrus's decisions, whether they were right or wrong.

After Cyrus was dismissed, everyone thought that Norma would take over the position of chairman, and Norma himself thought so too.

Is there any doubt about this?
His uncle made a mistake last time by choosing Cyrus, an outsider, as chairman, which caused such a big trouble. This time, he had to use his own people.

Given his status and experience working in the group, who else could take the position of chairman if not him?

Unfortunately, people are not as good as God.

Just when Norma was full of confidence, the position finally fell to Natarajan.

This made Norma furious and was a huge blow to him.

He hated his uncle, but he didn't dare show this hatred.

Because Ratan has absolute authority in the Tata family, he dare not challenge Ratan's authority.

So he turned his anger towards Natarajan.

In his opinion, it was Natarajan who took his place.

Before he hated Cyrus, now he hated Natarajan.

In short, as long as he is not the chairman of Tata Group, he will hold a grudge against whoever is the chairman, because they have snatched away the chairman position that originally belonged to him.

It is precisely because of this that he has no respect for Natarajan and calls him by his first name.

In Norma's opinion, Cyrus is also from a major shareholder family and is considered half a member of the Tata Group.

And this Natarajan is really just an employee, at most a senior employee.

Norma was very angry that the group's employees were actually riding on his head.

When he was in the company, he did not allow others to call him by his job title, but instead asked them to call him Mr. Tata.

You know, Mr. Tata used to refer specifically to Ratan within the group.

Now that Ratan is no longer in the group, Norma believes he is entitled to this special title.

It's an honor.

I just failed to become the chairman, and this title always feels a little bit lacking.

Noma is now targeting Natarajan in various ways, just as he had previously targeted Cyrus.

Within the group, whenever there is any policy, Noma will sing a different tune from Natarajan.

"Natarajan, this is the investment plan I talked about last time. Please approve it." Norma threw a folder on Natarajan's desk.

"What investment plan?" Natarajan frowned slightly.

"It's the $100 billion overseas investment plan," said Norma.

"This project involves a huge amount of money and has a lot of implications. It requires internal discussion within the group. Moreover, such a major matter cannot be decided all at once. Various preliminary research is required..."

Before Natarajan could finish, Norma interrupted him, saying, "Stop! I've already researched this. We've hired the most renowned consulting firm in the United States. All the risk assessments are normal, and everyone is very optimistic about this investment. Do you have any other opinions? Just approve it."

(End of this chapter)