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A government research agency recently contracted a private firm to build a machine for it — and then ran into a problem because the job was completed on time. The problem was that the building in which the machine was to be installed had not been built. So the query from a senior government official was, “Why did you have to be so fast?” Six months after it was delivered, the product is lying in a government godown, awaiting installation.

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The mota maal's in the fire

Leader of the opposition Sushma Swaraj’s accusation that the Congress-led UPA guzzled mota maal (fat bribes) by allocating coal blocks to private ...

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While analysts expect relatively lesser impact for Colgate, high stock valuations will cap further upsides

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