It looks like the proxy war between Arvind Kejriwal and the government has spilled over, now, into the pages of Tehelka. The magazine’s cover story on Montek Singh Ahluwalia featured an assertion, sourced to Mr Kejriwal, that Mr Ahluwalia had launched a scheme to privatise Delhi’s water board that one of his sons then benefited from, as a consultant. The magazine eventually had to post an online retraction when they were proved false by correspondence freely available online, which showed that the Delhi government had launched the scheme — and that Mr Ahluwalia’s son had merely worked for the water board, many years after Mr Ahluwalia left the finance ministry, and not in its privatisation-related efforts, either.
Finance Minister Pranab Mukherjee appears to have taken note of India Inc’s howls of protest at the aggressive tax regime that was announced in his ...
Lower tax payouts from FY17 to boost earnings
Stock a favourite of most analysts; immediate upside may be limited