Best of BS Opinion: Know your bidder, MNC exits raise concern, and more

Here are the top BS Opinion articles of the day

From Cairn and Hutchison to Harley Davidson, General Motors, Citibank, Barclays, RBS, Holcim, Ford and now Metro Cash & Carry, the tally of global giants exiting India or downsizing operations has been growing steadily. Whether the exits are determined by internal strategic considerations or the external policy environment, the fact that these foreign corporations do not think it worthwhile to stay the course in India should be a cause for concern, says the second edit. Read it here

In other views:

The top edit points out that in light of the halt to two recent privatisation bids which went to winners of questionable credentials, it is critical for the government to develop an institutional capacity for privatisation. Read it here

Vir Sanghvi argues that India is now fighting an old ideological battle again, with two ideas of the country colliding with each other. Read it here

Harsh V Pant and Shashank Mattoo assess US President Joe Biden’s engagement in Asia amid growing turbulence in the region. Read it here

Quote of the Day

"Good times are not only over, there’s no indication when they’ll return"
 

Sequoia Capital in a Zoom call with portfolio companies