STATE CAPITALISM: Shell Game

Bajaj and Maharashtra government keep spoiling over Maharashtra Scooters which has no operations; meanwhile the shell company’s share price has zoomed 67% since January 

Despite being a dormant company for years, the share price of Maharashtra Scooters Ltd (MSL) has been surging. MSL shares have zoomed 67% since January this year. This phenomenal run on the bourses is only due to an ongoing...

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LOGISTICS: Logistical Nightmare

A World Bank logistics performance survey of 155 countries has placed India at the 47th rank

The government has come out with an ambitious plan of adding 20km of roads per day to improve the abysmal state of road infrastructure in the country. Various port authorities plan to expand their cargo-handling capacities. Metros are laying out their mass rapid transit schemes. However, India...

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Bye-bye Mr Advani

On the face of it, the walkout by the Opposition might seem like it was a spontaneous reaction to the petrol price hike. That belief comes from the fact that the Budget speech is top secret and the Opposition could not have known about the hike until Pranabda read it out. But the manner in which they walked out instantly without having to be prompted by one another suggests that some sort of...

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