Business Standard

Capital Haul

Image

BSCAL

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!

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News