BIG BUSINESS BACKS CONGRESS DESPITE BIRLA CONTROVERSY
Nantoo Banerjee
-
2013-10-18 11:18
The upcoming five state elections are generating an unusual interest from an unlikely quarter comprising stock, commodity and financial markets and domestic cum foreign investors. Among the popular topics discussed in most business get-togethers these days are the possible results of elections in the five Indian states — Rajasthan, Madhya Pradesh (MP), Delhi, Chhattisgarh and Mizoram – and, also, if the governance and corruption issues will override other local and national concerns, including communal divide, to garner votes by rival political parties. Even international media has been commenting on the possible impact of next month’s state election results on the country and economy.