Indian corporates must be forced to make public donations to trusts owned by politicians (Labyrinth 18, Jan 16). Also, partially paid share certificates must also be issued. This is where crocodile investments will be exposed and their nexus with politicians uncovered. No politician works for free.
Indian corporates must be forced to make public donation to trusts owned by politicians and also partially paid shares issued. this is where crocodile investment etc will be exposed and their nexus with politicians will be uncovered. No politicians works for free.
What has appeared in public about RIL- TV-18 deal just does not make any business sense. TV- 18 is a finacial mess like most other broadcasting businesses & only the other day Raghav Bahl did some kind of restructuring which in turn also looked inexplicable.The ETV angle is mysitfying . ETV is not a listed company & very little is known about its financials though lot is known about legendary Ramoji Rao who is known to run his businesses from his pocket & who fought a running battle with late Y.S.R. Reddy.
Mukesh Ambani is a cool customer, not given to impulsive business decisions & howsoever big is his M&A war chaste, not given to put good money after bad. He recently got BP on board on his own terms. And Raghav Bahl is nowhere near Mukesh's league .
This deal is about more than what meets the eye .
Revenue streams and corporate profits are, in fact, becoming increasingly scarce in the fourth estate. As for the reader / viewer, she will have to sift the grain from the chaff, as industrious housewives have been doing for generations.
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