SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
The effort by the previous government to keep KFA airborne, leaning on the banks, has drawn political criticism, held up as an instance of crony capitalism and phone banking. Vijay Mallya’s larger than life persona may have something to do with it. However, the fact is that any conscientious government would wish to save a business from collapsing, for many reasons, including jobs. The bout of political exceptionalism that started with assailing everything that happened in the second half of UPA II continues. Governments need to be cut a little slack. Personally I have stopped following stories about what really happened on 26th and 27th February; as a citizen I want to believe the official version. Most people would, if it was not being made into an electoral issue. One hopes, after 23rd May, a new political culture can be inaugurated, one in which the opposition is regarded as much a stakeholder in the system as the government.
The effort by the previous government to keep KFA airborne, leaning on the banks, has drawn political criticism, held up as an instance of crony capitalism and phone banking. Vijay Mallya’s larger than life persona may have something to do with it. However, the fact is that any conscientious government would wish to save a business from collapsing, for many reasons, including jobs. The bout of political exceptionalism that started with assailing everything that happened in the second half of UPA II continues. Governments need to be cut a little slack. Personally I have stopped following stories about what really happened on 26th and 27th February; as a citizen I want to believe the official version. Most people would, if it was not being made into an electoral issue. One hopes, after 23rd May, a new political culture can be inaugurated, one in which the opposition is regarded as much a stakeholder in the system as the government.