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CFO Leaders: Mapping And Pricing Risk
‘Risk’ is a four letter word that makes the best CFOs sweat. M&M and L&T CFOs discuss risk on a special series - CFO Leaders.
14 Jan 2021, 03:00 PM IST
When asked about failure, R Shankar Raman, chief financial officer of Larsen & Toubro Ltd., recounts a story.“We got into thermal power at a time when it looked very promising. Every Tom, Dick and Harry had plans to put up thermal plants. So as an EPC (engineering, procurement and construction) contractor we thought that there is a huge opportunity available. We didn’t realise the nuances around making a thermal plant work efficientl...
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