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Singareni Collieries: From Gloom to Glory
S. Ramnarayan; Neha GuptaCase IVEY-9B11C043-ELeadership and People Management, StrategyThe case narrates how A.P.V.N. Sarma, chairman and managing director of Singareni Collieries Company (SCCL) since 1997, realized the need for change to rescue the company from impending bankruptcy. SCCL, a supplier of coal to the power and energy sectors, had been declared bankrupt by the Board for Industrial and Financial Reconstruction twice, in 1992 and 1996, and had accumulated losses of 12.19 billion rupees. As it provided direct and indirec...Starting at €8.20