ITC-HAKSAR’S LAST HURRAH

Sentimentality rarely intrudes in­ to shareholders’ meetings, but this one was different. Over 3,000 had gathered in the incongruous setting of a Calcutta cathedral compound…

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The Enemy Within

Iran’s much-vaunted Islamic revolution appears to have finally spilled over into India. Chanting Allah-o-Akbar and wielding primitive weapons like lathis bristling with nails, bicycle chains,…

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INTERVIEW Y.C. Deveshwar

YOGESH CHANDER DEVESHWAR has been with ITC for nearly 43 years. the past 15 as chairman and chief executive. Having turned ITC into a multi-…

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HOLLOWING OUT

Privatisation will work only when the government sells more than 50 per cent of a state-owned company’s capital to the public and relinquishes management control.…

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SELL SELL SELL

Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11 trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs);…

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