The controversy impacted her business as well; some of her customers who left included multinational corporations like Lavazza and Schneider Electric, apart from the Confederation of Indian Industry (its former director general, Tarun Das, got into a controversy because of his conversation with Radia).
All told, she lost 10-15 accounts after the controversy broke out, say insiders who worked with her.
But that would not have made a serious dent because the Tata group and Reliance Industries, which contributed over 80 per cent to her business, stood by her.
The Tata contract was coming up for renewal on October 31.
Insiders say that the contract had one key clause: Radia should run the business and drive the account personally for the next five years.
But Radia was clear that she did not want to be involved in running the account personally anymore, though insiders say she was not averse to her team continuing the business while she stayed invested.
The end result could be only one: close down.
Image: Radia and here two biggest clients - Ratan Tata and Mukesh Ambani
Image Courtesy: Business Standard