NEW DELHI. National Buildings Construction Corporation (NBCC) has received prestigious recognition for successfully reviving Hindustan Steelworks Construction Limited (HSCL) under the guidance of its Chairman and Managing Director, Dr. K. P. Mahadevaswamy. A detailed case study exploring this business turnaround, which was created jointly by the Indian Institute of Management Ahmedabad and the Indian Institute of Management Calcutta, secured the second rank in a national competition organized by the All India Management Association (AIMA). This major achievement highlights NBCC’s strong leadership and effective corporate management strategies in rescuing and transforming struggling public sector companies.
NBCC and HSCL Business Turnaround Case Study Wins National Recognition at AIMA
