'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
Tata Steel and Tata Chemicals under investor watch
The $12.1 billion Corus acquisition-the biggest global acquisition made by an Indian company-ended up as a millstone around Tata Steel's neck, points out Indrajit Gupta.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
How will the navy's six Scorpenes fight, when their primary weapon -- the Black Shark torpedo -- is blocked by a ministry of defence ban on the company chosen to supply these? This gloomy scenario provides a heaven-sent opportunity to revisit the navy's torpedo purchase plan, handled without strategic vision and economic foresight.
