Politician-corporates nexus greatest threat for Indian economy

In a recent open letter, the second in nine months, drafted by senior business leaders such as Deepak Parekh, chairman of HDFC, and N Vaghul, who built institutions such as ICICI Bank from ground up, expressed concern over what they describe as a growing nexus between corporates and politicians. That nexus, the 14 signatories fear, "is one of the greatest threats for the Indian economy".

Read Full Story>>