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…

Read more

Passing The Buck

Nearly two months after a shocked Parliament was rocked by the Nellie and Gohpur massacres and the bloodbath that had drenched Assam during February’s’ election…

Read more

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…

Read more

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…

Read more