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Crony capitalism

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Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than him

Jun 09, 2015

Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than him

The finance minister promised a bankruptcy code this year. Arun Jaitley should get this done quickly as the action against loan defaults and corporate failure is moving faster on the RBI side than on the legislative side. #Crony capitalism #RBI #Duvvuri Subbarao #ConnectTheDots #Kingfisher Airlines #Arun Jaitley #Vijay Mallya #Raghuram Rajan #Corporate Debt Restructuring #wilful defaulters #bankruptcy code #Sick Industrial Companies Act #Strategic Debt Restructuring
Corporate espionage isn't real issue: Crony capitalism's roots lie elsewhere

Feb 24, 2015

Corporate espionage isn't real issue: Crony capitalism's roots lie elsewhere

The recent arrests of several government and private sector officials for alleged stealing of secret documents will not do enough to end the unholy nexus that enables corporate crony capitalism. Much more needs to be done #Crony capitalism #Manmohan Singh #Narendra Modi #NTPC #Rahul Gandhi #BSNL #AK Antony #Corporate Espionage
After Natarajan's resignation, Jaitley calls Cong practitioner of 'sadistic' economy

Jan 30, 2015

After Natarajan's resignation, Jaitley calls Cong practitioner of 'sadistic' economy

Union Minister Arun Jaitley on Friday said the previous UPA government was a practitioner of "sadistic" economy and "crony capitalism" after the attack by former minister Jayanthi Natarajan against Rahul Gandhi and sought a relook at its environmental clearances. #Crony capitalism #Congress #BJP #TheySaidIt #Arun Jaitley #Jayanthi Natarajan #sadistic economy
HC order on Mallya's wilful default will warm cockles of crony capitalists

Dec 29, 2014

HC order on Mallya's wilful default will warm cockles of crony capitalists

The Calcutta High Court rejected the UBI's decision to call Vijay Mallya a wilful defaulter on a technicality. If courts are going to go by mere technicalities to delay banks from recovering their dues, only crony capitalists will celebrate #Crony capitalism #Vijay Mallya #wilful defaulters #UBI Loan #SBI Sugar Loans #Arihant Threads
Rajan takes his fight against crony capital further with his 'non-cooperative borrower' tag

Dec 23, 2014

Rajan takes his fight against crony capital further with his 'non-cooperative borrower' tag

The RBI is tightening the screws against crony borrowers who manage to delay repayments and loan recoveries to banks endlessly using chinks in the system #Crony capitalism #Raghuram Rajan #wilful defaulters #non-cooperative borrower #Debt Recovery Tribunals #Bank Collateral
Crony capitalism killing transparency and competition, says CAG Sashi Kant Sharma

Sep 13, 2014

Crony capitalism killing transparency and competition, says CAG Sashi Kant Sharma

Reserve Bank Governor Raghuram Rajan had also expressed concern about "crony capitalism" earlier #Crony capitalism #CAG #RBI #Raghuram Rajan #Transparency #Competition #Sashi Kant Sharma
UPA's steps to improve economy underestimated Kharge

Jun 27, 2014

UPA's steps to improve economy underestimated Kharge

Kharge also claimed the previous government had taken many "hard decisions" be it diesel price hike, setting up rail fare regulatory authority or linking rail fares to fuel prices and none among businessman would believe allegations of crony capitalism or empty coffers against it. #Economy #Crony capitalism #Manmohan Singh #UPA #TheySaidIt #Mallikarjun Kharge
'I will break the Delhi status quo' Modi cuts loose

May 13, 2014

'I will break the Delhi status quo' Modi cuts loose

The BJP's prime ministerial candidate talks about his concept of minimum government and maximum governance, and how there will be less place for rent-seekers and status quoists in future government if he wins on 16 May #Crony capitalism #BJP #Narendra Modi #Delhi #Governance #Elections 2014 #Lok Sabha elections 2014 #Capitalists
What is the meaning of crony capitalism? Rahul Gandhi doesn't know

Apr 25, 2014

What is the meaning of crony capitalism? Rahul Gandhi doesn't know

In this election season, where normally inaccessible political leaders offer themselves for interviews as long as they are spiked with softball questions where no follow-ups are allowed, both Narendra Modi and Rahul Gandhi have been having a ball. In TV and other interviews, both got to answer questions the way they wanted to, leaving us with nothing beyond motherhood statements. #Crony capitalism #India #Congress #BJP #Narendra Modi #Rahul Gandhi #Indian Politics #Lok Sabha elections 2014 #LS polls #Rahul Gandhi as Congress PM candidate
We are not against capitalism, but crony capitalism Kejriwal

Feb 17, 2014

We are not against capitalism, but crony capitalism Kejriwal

Kejriwal during his 49-day tenure as the Delhi Chief Minister ordered CAG audit of power discoms and initiated action against Mukesh Ambani, Reliance Industries and Oil Minister Veerappa Moily alleging complicity in fixing gas prices. #Crony capitalism #TheySaidIt #Arvind Kejriwal #Capitalism #AAP