The haze before dawn

Do you know what a “dominant undertaking” is Suresh Krishna does. The Chairman and Managing Director of Sundram Fasteners lived every day with the provisions…

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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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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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Scrabbling Away From the Abyss

Nitish Kumar’s victory in last month’s Bihar election celebrates the triumph of economics over feudalism, but the climb out of poverty will be steep and…

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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 2.11trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs); and…

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