A diamond and two golden hearts: How the Jubilee once saved Tata Steel from bankruptcy I t is not uncommon for promoters of a company to pledge their shares in order to raise funds during stressful circumstances. But have you heard of a chairman's wife pledging her personal jewellery so that her husband can pay salaries on time? Had it not been for the large heartedness of Sir Dorabji Tata's wife Lady Meherbai, who agreed to pledge all her jewellery including the precious Jubilee Diamond, Tata Steel might have collapsed way back in 1924, reveals a new book. After Dorabji, the elder son of Tata group founder Jamsetji Tata, succeeded his father as the chairman of the group, Tata Steel, which was still in its early years, ran into a host of difficulties, ranging from price inflation to labour issues. By 1923, the company faced a shortage of cash. The Tatas made valiant e...
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Showing posts from January, 2023
Black and White Charcoal Drawing
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Black and White Charcoal Drawing Charcoal and graphite are one of the oldest art mediums. Charcoal is a unique media which can be used to create detailed or more expressive sketches and drawings in grays and blacks. Charcoal art is a form of art in which charcoal powder and different types of charcoal- vine, compressed, pencil form is used. I enjoy using this black and white charcoal drawing technique for drawings. The mid-tones are established by the toned paper. I use paintbrushes such as this one are great for blending charcoal. I have my dark and light values mapped out on my drawing, and am feeling much more confident in the overall proportion