Former diplomat wrote to PM Modi requesting waiver of the cooling-off period, will now report directly to Tata Sons executive chairman N. Chandrasekaran.
In this fascinating phase in our post-reform political economy, corporate India has seen its power hit rock-bottom exactly when there is talk of rampant crony capitalism.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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