The question is no longer whether India can create fast tracks. It already has. The question is whether the main track—and the regulators who feed into it—can be fixed.
Leaders who have been with BJP for long ‘do not like this power-hungry version of their party,’ quips spokesperson of Sharad Pawar-led NCP; BJP calls it ‘part & parcel of politics’.
The cement industry has been consolidating since FY18, with the larger players looking to not only increase their capacities but also widen their geographical reach.
The DSM-Firmenich merger was just one of the 20-odd deals worth $1.5 billion pending before the CCI last year. Some experts blame the commission for trying to be too 'industry friendly'.
The spike was led by HDFC Bank's $60 billion all-stock acquisition of Housing Development Finance Corp. in April, which combined India's leading bank and largest mortgage lender.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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