The politics of business
When it comes to business, politics is difficult to ignore, and going by the recent experience of many Indian companies hoping to set foot abroad, now, even more so. On Friday, private infrastructure major GMR was forced to quit its $511-million project in the Maldives. The company’s desperate, last-minute attempts to stay invested in Male International Airport were run over by the Maldivian government, which blatantly refused to budge from its stand...
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