It is for the government to jump-start the economy, through massive spending. Only government spending will have scale and size. The reform directive should focus on industries of the future, like space and aviation, electronics manufacture and telecom. It could start with funding research in vaccine development, 5G technologies, manufacture
Reassuring re-start
Fighting for survival is not new to the industries of Tamil Nadu. The state and its entrepreneurs are known for their resilience. DEBATES MAY CONTINUE over the right and wrong of extending the lockdown. The country faces an unprecedented crisis: factories, offices, wholesalers, retailers and service providers have all been shut
Focus on high speed trains
High speed trains? For the rich? Our Rahuls and Jairams will cry hoarse. Remember such opposition when the Congress stepped up expenditure on space exploration? Today India excels in rocket science and so profitably! The ripple effect of fast travel, as demonstrated by China, can be humongous. THE GREAT DEPRESSION of
Guindy Railway Station – Community effort to spruce up
Experiences with my Scooter
Down the Memory Lane My close involvement with the two-wheeler industry and personally with my scooter took me closer to captains of industry and get updated on developments around Chennai and across India. The year 1964. I was two years into the business of publication of the trade magazine Mobile. I established the magazine
Plight of the Periodicals
Last week we witnessed a strange spectacle: of the mighty barons of print medium – The Hindu, New Indian Express, the Daily Thanthi, Dinamalar and Dinakaran-beseeching the Tamil Nadu Chief Minister for support with government’s advertisements at special rates. These have also met the leaders of other political parties – Messrs
EDIT NOTES
Re-incarnation of Sagar’s Ramayan THE UNPRECEDENTED total lock- down has demanded a total change in the daily routine of the citizens. It shouldn’t be easy for all to adjust to this change, especially for those on whom time hangs heavily. Working out of home calls for attitudes and disciplines of different kinds. Most
The Franklin fiasco
NOBODY SPOTTED IT coming. 23 April was a sleep- less night for many debt fund investors due to Franklin Templeton MF’s announcement of the closure of its six debt funds. It was a big knock back for investors. Templeton is India’s ninth-largest MF with average assets under management (January to
Bold plan to build herd immunity
THE COVID19 HAS taken the world by storm. Nations are trying to grapple with the situation; economies are going for a toss and everyday life is being altered every bit. Lock-downs and their extensions have become routine. Staying in Sweden and witnessing these make a different-planet feel. Yes, Sweden has no
Mergers Maze
IN 2019 THE NDA II government seemed well set to take up major reforms of the banking sector. The merger of ten public sector banks (PSBs) into four appeared a well thought measure towards consolidation and building size. There were also clear indications on reducing substantially government share of the
