Sanjiv Goenka creates new group identify

Sanjiv Goenka, the younger son of billionaire industrialist Rama Prasad Goenka, who built the Rs 16,000 crore industrial conglomerate RPG Enterprises, on Wednesday unveiled a new corporate identity for the companies controlled by him.

"I am happy and delighted to present before you the new group identity - RP-Sanjiv Goenka Group," the chairman of the new group, Sanjiv Goenka, said.

Leaderspeak: Sanjiv Goenka

Henceforth, all the Sanjiv Goenka-controlled companies like CESC, Phillips Carbon Black, Saregama and some unlisted companies will not use the RPG Enterprises corporate identity anymore.

The RP-Sanjiv Goenka group companies have a combined revenue of Rs 9,000 crore, market capitalisation of Rs 4,500 crore and asset base of Rs 14,000 crore.