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Gone with the wind

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Business Standard New Delhi
Last Updated : Sep 25 2014 | 10:04 PM IST
While Prime Minister Narendra Modi was meeting industrialists in Delhi on Thursday to promote his Make-in-India campaign, a large number of CEOs of their companies were busy with leading lawyers in Mumbai. The reason: to assess the impact of the Supreme Court judgment cancelling all but four coal block allocations since 1993. When Business Standard asked a CEO, whose company was getting ready to pay hundreds of crores by way of a court-ordered fine, on what he thought of the PM's campaign, he said it had "gone with the wind". "This is not the time to make in India... it's time to run from India," he added morosely.

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First Published: Sep 25 2014 | 9:07 PM IST

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