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Abai Uii Culture and Business Houses unveil in 5 countries
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Abai Uii Culture and Business Houses unveiled in 5 countries
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Domy, mieszkania, kamienice? Rynek pierwotny czy wtórny? Analizujemy w co inwestować
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Editor, ET
I track the Telecom sector, tussles in India Inc s Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies .
I track the Telecom sector, tussles in India Inc s Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies, consumer behaviour and the legal battles involving investors, shareholders and companies. A degree in psychology and another one in journalism helps me break down a story and cover its impact from multiple perspectives. You can reach me on devina.sengupta@timesgroup.com and on Twitter - @DevinaETRead MoreRead Less
Chidambaram expresses concern over crony capitalism, says nation needs not just 5 but 500 biz houses
Synopsis
Giving his advice to the government for the revival of economy, the former finance minister said there is an immediate set of things that has to be done, including significant cash transfers must be made to bottom one-third of the population.
P Chidambaram
NEW DELHI: Expressing concern of crony capitalism, Congress leader and former Finance Minister P Chidambaram on Saturday said the government needs to create an atmosphere where everybody is treated equally and ensure that not just five but 500 business houses are expanding. Today we have crony capitalism. That cannot be denied. I can give examples of crony capitalism, you know it as well as I do. As long as you have crony capitalism those who are not your cronies will hesitate to start business,” said Chidambaram.