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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Friend in Need

The Rashtriya Swyamsewak Sangh (RSS) is everybody’s favourite bugbear. So perhaps it was inevitable that it would be accused of having a hand in the…

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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

Governments cynically scoop out value from their own companies Privatisation will work only when the government sells more than 50 per cent of a state-owned…

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Sell Sell Sell

The government must take courage and embrace privatisation Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11 trillion ($32.5 billion) package announced…

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