Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
Fine, scholarly column. While Britain may have been unfair to India in repaying its loans, redeeming the sterling balances – Dr Shashi Tharoor should not be willing to accept just £ 1 per annum as compensation for colonial rule – the Bretton Woods Conference did the world a lot of good. It set the stage for recovery and remarkable growth in the global economy. The Soviet Union chose a different economic model and perished. China adapted to it and has flourished. As have several other Asian countries that should serve as an inspiration for India. Erdogan’s star has begun to fade. Not sure how long the populists will be in power and what positive developments will mark their rule. Consider the star power of those who represented India at Bretton Woods. The economic team would benefit from having people of such ability today.
Fine, scholarly column. While Britain may have been unfair to India in repaying its loans, redeeming the sterling balances – Dr Shashi Tharoor should not be willing to accept just £ 1 per annum as compensation for colonial rule – the Bretton Woods Conference did the world a lot of good. It set the stage for recovery and remarkable growth in the global economy. The Soviet Union chose a different economic model and perished. China adapted to it and has flourished. As have several other Asian countries that should serve as an inspiration for India. Erdogan’s star has begun to fade. Not sure how long the populists will be in power and what positive developments will mark their rule. Consider the star power of those who represented India at Bretton Woods. The economic team would benefit from having people of such ability today.