Sanjiv Goenka creates separate group identity for his cos

Sanjiv Goenka, the younger son of billionaire industrialist Rama Prasad Goenka, who built the Rs 16,000 crore industrial conglomerate RPG Enterprises, today 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 here today.

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.