Recently, Mr. Ratan TATA in an interview to a magazine expressed his angst at being asked 15cr for starting an airline and he rejected it as he said that “I can’t go to sleep at night, otherwise” there was deafening applause for that all around and on the face of it, appeared well deserving too..
Alas, now revelations have come about Ratan’s not so clean initiatives through Ms. Radia and today a letter written by him to Mr. Karunanidhi praising A Raja for clear headed policies in the telocom ministry and in effect recommending him for a second term.
Whatever credibility the TATA group had was destroyed by this; add to this his conversation promising a hospital and better facilities to an existing one, in exchange for “understanding” from the telecom minister. Now everyone is shocked, but except yours truly…
Why I am not surprised? The origin of success of the TATAs is the license Raj, where in they kept every private player from the industries they were in. Let us look at them Power generation and distribution for Mumbai, Automobile manufacturing, Locomotives & Steel. These are the anchors and cash cows for the TATAs and every private player who tried to get in had felt the hidden hand of TATAs in not getting licenses… This singular reason alone is enough for me to have my doubts about “Integrity”. It took an Ambani to better them in their own game (that is another story indeed…).
Today, he has given another interview expressing his desire to be known as a “clean business man”. All I can say is “You start on that initiative now… Don’t worry Mr. TATA every sinner has a future…”
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