Taped

The launch edition of the India Infrastructure Report by the Infrastructure Development Finance Company (IDFC) was so tightly bound with red ribbon that chief guest Suresh Prabhu and IDFC chief Rajiv Lall struggled to untie it. This prompted the former power minister to say, just like the infrastructure sector, the report was facing a problem of red-tape. To the amusement of the audience, he advised IDFC to get rid of the red ribbon next year when it published another edition of the report.