Monday, May 30, 2011

Mining barons -Bellary's Reddy brothers - a fairy tale rise

Bellary's Reddy brother who changed the political landscape of BJP , had their beginings as sons of police constable. Their company - the  first big venture, a financial firm, Ennoble India Private Limited in 1989 made them  wealthy,further in 1999 they won the confidence of BJP's  Sushma swaraj  by managing the entire elections   at Bellary and eventually  they got their foothold into political circles. 

"Thus began the dream journey, both in politics and business. In 2000, the family bought Obalapuram mines. In 2001, for the first time, the Reddy family member - Somashekar - contested elections for Bellary City Municipality and got elected. The mining boom during 2002-2003 changed their life.  "

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