Another implication of India’s current transformation for the issue Tata raised is that society now increasingly looks at corporates as role models — the middle class especially has got over its Nehruvian bias against commerce. Intrigue doesn’t do anything for a company’s social equity, which is important these days for market equity. And remember intrigue needn’t be proved. Credible sounding allegations repeated often enough are sufficient. Corporates would be well advised to restrict their fights to the marketplace.
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