5/28/2023 0 Comments A Feast of Vultures by Josy JosephThere are many roads built on paper then on ground.Even if you don’t have money and influence, persistence pays off in the country.He only bought these and sold few years later at premium price. Ajit B kerkar (Member of Air India board) sat on a committee, that decided to disinvest hotels owned by Hotel Corp of India.How expensive assets of government companies have been sold in cheap in name of divestment. The state-controlled company that provided the telephone is struggling to survive in one of the most profitable and vibrant telecommunications market.With bankruptcy and international shame staring at its face, India was forced to liberalize its economy in 1991. For almost every reported scandal, there is a bigger, far worse story behind the scenes.
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