Tips was the golden dream envisioned by two brothers - Mr. Kumar S. Taurani & Mr. Ramesh S. Taurani, In a small shop situated in the crowded wholesale market of Lamington Road, the hub of the Bombay's music industry, a big idea had found wings. In 1975, the Taurani brothers used to trade in LP's (Long Playing Phonograph Records) for three of the biggest companies in India - HMV, Music India & CBS. By 1977, they had become the biggest dealers for these companies in Western India. Encouraged by their first grand success, the Taurani brothers were determined to make their dream see the light of day. Driven by ambition, they put forth several ideas which went into creating their own record label. Along with a few trusted friends, they analyzed the market, derived their strengths, evaluated their business plans meticulously and went opportunity shopping. After countless days of burning the midnight oil, the dream took the form of 'Tips'. What began on a very small level is today, is one of the largest corporate houses in the field of music and films.