S. Gurumurthy

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S. Gurumurthy is the convenor of the ['Swadeshi Jagaran Manch'], which has affiliation to Rashtriya Swayamsevak Sangh.

By profession Gurumurthy is a chartered accountant. Till the mid-1980s he was almost unknown to India. However, his series of articles in The Indian Express shifted the limelight on him. The articles were like expose of Reliance Industries Limited led by Dhirubhai Ambani. These articles were the basis for the bitter rivalry between Ramnath Goenka, founder of The Indian Express, and Dhirubhai Ambani. After the Reliance expose, Gurumurthy shifted his focus on the Swadeshi Movement and many of his articles highlight the disadvantages of globalization and without giving the local corporation the level playing field.

Gurumurthy is known to have played a pivotal mediating role to resolve the feud between Bajaj Auto Ltd Chairman Rahul Bajaj and his younger brother Shishir (who controls Bajaj Hindustan Ltd and has a stake in Bajaj Auto and other group firms). [1]

In 2004 Gurumurthy also ended another corporate stalemate when he persuaded non-resident Indian investor C Sivasankaran to divest his 33 percent holding in the Tuticorin-based Tamil Nadu Mercantile Bank for Rs 130 crore (Rs 1.3 billion).

He was even accused of misleading the police in the SankarRaman murder case. The book considered the views expressed in the article as the basis for complaint. [2]


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