Flowing with tide
The exit of the CK Birla group from its joint venture with General Motors is part of the trend in the automobile sector. Indian partners had earlier sold out their stake in joint ventures with Daewoo, Ford, Fiat, Honda, and Mercedes Benz. The trend is hardly surprising, given the fact that the Indian groups brought hardly anything to the table.

"Mistake" pays off
Given the compulsions of coalition politics, the rollback of the hike in PDS prices of foodgrains for consumers below the poverty line was perhaps inevitable. After all, a Government can hardly afford to be perceived as anti-poor. In reality, the poor would be the biggest beneficiaries of any reduction in subsidies.

Adding value to software talent
Current estimates indicate that the United States alone needs 30,000-40,000 software professionals annually. It is also known that a major part of this professional manpower has to be imported, and India's share is estimated at 5,000-10,000 per year.

  A conscious "mistake"
  Bucking the trend
  The Index
  The Index
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