The Ranbaxy case and how it shows the system in India does work after all

Many global giants might have lost money in their India ventures, but the Delhi HC's order last fortnight asking the Singh brothers to pay up in the Ranbaxy-Daiichi dispute should make everyone feel a

Sometimes it feels like, wherever I go in the world, local businessmen have a story to tell me about one of their peers who has lost big money in India. This week, I have a story to tell them in return -- one that may make everyone feel a bit better.

QuickTake India's Aspirations

These hard-luck stories are particularly common in the sort of countries that are sitting on big, investible pools of capital -- places like the United Arab Emirates, Scandinavia or Japan. In Dubai, they remember that the real estate company Emaar Properties PJSC ran into trouble in