Legal tussle between state & Oberoi Group dates back to 2002, seven years after both parties entered into joint venture to develop and manage ‘five-star hotel’ in Shimla’s Chhabra.
DMK govt accuses Centre of withholding funds, tightening borrowing, unilateral deductions from state accounts. Says Centre's accounting & funding decisions have 'artificially inflated' debt burden.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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