Competitive solutions: World Bank targets Indian infrastructure shortcomings

Article Abstract:

The World Bank's latest report on India calls for privatization of the country's infrastructure. India's state-owned and operated communications, power, water and transport industries suffer from subsidization, which lowers prices, reduces investment and erodes service and maintenance. Troubles at Delhi Electricity Supply Undertaking (DESU) have prompted the government to put DESU's distribution network up for private bidding. The World Bank asserts that private operation and government regulation of the infrastructure will increase efficiency, and improve the country's regional competitiveness.

Infrastructure (Economics), India, Privatization, Privatization (Business)

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Too many cooks: BSN buys out Indian partner Rajan Pillai

Article Abstract:

Groupe BSN has bought out its controversial partner Rajan Pillai's stake in Britannia Industries. The drawn-out struggle over the largest biscuit and bread maker in India leaves Pillai at least $120 million to the good, with unresolved details such as ownership of a Bombay residence. Nusli Wadia of the Bombay Dyeing Group is likely to take Pillai's place, although he seems almost as controversial a figure.

Management, Mergers, acquisitions and divestments, Food industry, BSN, Britannia Industries Ltd., Pillai, Rajan

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