The great Indian clean-up gathers pace
The Modi government’s action against indirect ownership of foreign assets, the crackdown on shell companies, the enactment of the Insolvency and Bankruptcy Code and the decisive diplomacy that has helped nab alleged middleman in the Augusta Westland deal – Christian Michel – and put fugitive liquor baron Vijay Mallya on notice is cleaning up the Indian business landscape and bringing in transparency. Two out of four... Is that good enough? An important element that would enable people to provide an [...]
