N.Nandhidas alias N.Nandhivarman II nd year B.A.[Economics] student was Secretary of Planning Forum whereas Head of the Department of Economics Professor V.Sasankan was President and Assistant Professor G.Periasamy was Treasurer of Planning Forum in between 1964-1965. Palani G.Periasamy was Assistant Professor of Economics in Tagore Arts College in Pondicherry - where he worked from 1964 to 1967, until he left for the US to do his doctorate. When he was in Tagore College, he rose to the rank of Second Lieutenant in NCC (National Cadet Corps), which was a gazetted post that helped him to fulfill his dream of providing attestations to students in his village. He hosted MGR family when MGR underwent treatment in USA. As Chairman of Le Meridian Hotels when Pondicherry Bar Association President my classmate A.Ramachandra Babu met him in Chennai Le Meridien G.Periasamy enquired about me. He wanted all his students to be brought to Le Meridian for a dinner so that he can meet all. Now A.Ramachandra Babu is no more. I did not have a car so felt hesitant to go and meet him . MGR suspended me and doomed my political life. I had people close to him through whom I could have presented the injustice done to me believing the Communist bogey that I am a CIA agent.
MGR sent his party Propaganda Secretary S.D.Somasundaram to my then elango Nagar address and wanted me back in Anna DMK just few weeks before 1974 polls to Pondicherry assembly. Through my relative Durai Munusamy also MGR sent word for rehabilitating me. I said " I always wanted to be in ONE PARTY, never wanted to cross floor. I floated Anna DMK and MGR suspended me within 3 months [ 16 October 1972 to 24 December 1972] . I waited for few months then rejoined DMK , which Murasoli reported as Pondy Anna DMK merges with DMK. It is too late, I cant frequently change parties, that is what I politely refused to MGR's invite through SDS.
From Wikipedia, the free encyclopedia
Palani G Periasamy is industrialist, economist, educationalist and a visionary. He is chairman of Chennai based PGP group of companies. He is native of Namakkal, Tamilnadu India. He is a Non Resident Indian living in USA along with his wife Mrs.Visalakshi Periasamy He holds Bachelor of Arts in Economics from Presidency College, Madras University and Master of Arts in Economics. He was state top rank holder and Gold medalist. He was President of Presidency College Union [1]. After his father sold off a large portion of his land in Nammakal, Periasamy came to America with his wife and only 7 dollars in his pocket. Seeing no other option, the young couple sold many of their clothes in their suitcases. After obtaining a teaching job which was not enough to support the family, he got a job as a courier agent and found himself working almost 20 hours a day. After saving enough money, he quit his job as a teaching professor and began to focus on the business aspect of his life. He was working as Asst. Professor in PSG Arts College, Coimbatore for one year. After obtained his Phd in university of Pittsburgh, there he teaches Economics for nearly 25 years and he was Director of the Graduate School of Business Management at University of Baltimore. In 1989 he resigned from his teaching job to become entrepreneur.
He formed PGP group of companies to start a Cement factory, Sugar factory, Hotels, and Education Institutions.
- Started Dharani Sugars & Chemicals Limited in Vasudevanallur, Tirunelveli, Tamil Nadu and one more unit in Polur, Tirunelveli with production capacity of 2500 TCD. They started their 3rd unit in Sankarapuram Taluk, Villupuram District in Tamil Nadu [2]. In 1987 it was incorporated. It is traded in Chennai, BSE and NSE stock exchanges.[3]
- Built and owns Delux 5 star hotel Le Royal Meridien, in Chennai. It has 243 rooms [4].
- Started Dharani Cements in Ariyalur Tamil Nadu. Birla groups Grasim acquired this unit from PGP group [5][6]
- As a Educationalist he started PGP College of Engineering & Technology, PGP College of Arts and Science, PGP Matriculation Hr. Sec. School, PGP Polytechnic and PGP I.T.I in Namakkal.
- Dharani travels is handling Air ticket for Indian air lines and Jet airways, Indian tourism and car rentals.
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