business πΊοΈ Why ISB left Mumbai for Hyderabad π€―
ISB was originally planned for Mumbai, leveraging its status as India's financial capital. The move shifted after Shiv Sena founder Bal Thackeray demanded quotas for Maharashtrian students and employees. Negotiations with the Maharashtra government stalled due to these reservation demands. N Chandrababu Naidu then offered a deal that was hard to refuse, leading to the 2001 campus launch in Hyderabad. This highlights how political demands influenced the major institution's location.