Business Standard

Don’t miss the latest developments in business and finance.

Capital Haul

Bs_logoImage
BSCAL
Last Updated : Oct 19 1996 | 12:00 AM IST

He wants government approval to issue ratings for export companies.

Now one might think the brains behind those rising eyebrows would think it was a good thing that an Indian company wanted to develop the expertise to rate Indian companies. No, sir. They are focused on the fact that the company has no experience in the field.

Not just that. They also point to the Telugu connection of Bhaskar Rao and the minister of state for commerce, BB Ramaiah. Not only are Rao and Ramaiah from the same state, says one high-eyebrowed mandarin, theyre from the same Khamma caste too. Talk of the famous manavadu (our man) syndrome during the earlier regime!

Also Read

First Published: Oct 19 1996 | 12:00 AM IST

Next Story