
Friday, November 20, 1998
Enforcing governance
The homilies on quality of governance at the CII Quality summit will be received with a large dose of scepticism. For good reason. The CII's decision to publish a list of the best-governed companies will be seen as a token kowtowing towards what many corporate leaders privately regard as one of the latest fads.
Rating hazards
Non-banking financial companies have been at the centre of much controversy. As so often happens, the collapse of a large number of these organisations has led to a knee-jerk reaction, with tough norms which practically sounded the death-knell for these institutions.
Commercial-vehicle plan not enough
The wide swathe of incentives mooted by finance minister Yashwant Sinha for reviving growth in the commercial-vehicle segment, if implemented, could come as a breath of fresh air for the beleaguered lot of manufacturers.
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