20 years later: India's privatisation story off to 'Maharaja' start

After a hiatus of nearly two decades, the government's CPSE privatisation programme started off with flying colours with Tata group buying the debt-laden national carrier Air India. Illustration:......

With Air India will Pawan Ruia prove to be India's 'turnaround tycoon'?

Pawan Ruia’s Air India bid is another example of faith in his own abilities. Ishita Ayan Dutt reports. Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal......

Pawan Ruia throws hat into the ring to buy out Air India

Ruia, a chartered accountant whose business ranged from sugar to textiles and heavy engineering to tyres, refused to comment on queries about his interest in Air India. Illustration: Dominic......

The fall of the turnaround tycoon

Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita......