Asian Paints and India Inc
The decision to let a foreign company into one of India's best-managed companies is a telling comment both on the pettiness of Indian promoters in reconciling conflicting ambition and the utter unconcern of the Indian government in defending the country's corporate interests.
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Farm sector target is not too formidable
According to the government claims, the production of foodgrains in India in 1996-97 was a staggering 198.17 million tonnes. This was 5.97 million tonnes more than the previous year 1995-96.
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