Privatisation Proves to be Gordian Knot for Manila Trust
10 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 10, Reuter – A sword poised over a Gordian knot is the official…
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CHINA DISCUSSING SIX LOANS WITH ASIAN DEVELOPMENT BANK
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – China is negotiating with the Manila-based Asian Development Bank for…
PHILIPPINE AIR LOSS SAID TO THREATEN PRIVATISATION
27 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 27, Reuter – Philippine Airlines Inc’s loss in the 1987/88 fiscal year may…
The Dauphin and the Figurehead
Timing is everything, and with a number of state elections soon, leading to the general election next year, cynicism and opportunism are manifest. The Congress-led…
The Big Squeeze
Turkmenistan’s “President for Life” Saparmurat Niyazov erected a 50-ft gold-plated statue of himself in the centre of the capital Ashgabat, eight years before he gave…
The Opposition-The Games Old Men Play
There is an old Indian parable that says it all: six blind men feel various parts of an elephant’s anatomy, and each one extrapolates, from…
Taken For A Ride
No point of no return was so final as the one Charan Singh and Devi Lal reached on July 21. The crusty Jat leaders have…
THE DAISY’S PETALS
It’s a NAIL-BITER. I predicted in another column that the Lok pal Search Committee of eight eminent persons might cap a five-year slow waltz just…
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.…
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);…
Off the Blocks
For the second time in five years, I was struck by how apposite Rud-yard Kipling’s poem ‘If’ is in relation to Narendra Modi. At one…