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The Slide of an Aging Leader
26 October, 2017, C.P. Chandrasekhar
The recent acquisition of TTSL by Airtel indicates the deep-seated problems of mismanagement and debt-ridden books of the Tata group, which was once a frontrunner among business conglomerates but is now, only a shadow of its former glorious self.
Tata Rides the Recession
17 June, 2009, C.P. Chandrasekhar
With the expensive acquisitions of Anglo-Dutch steel major Corus and luxury automobile brands Jaguar and Land Rover in quick succession on the eve of the global financial crisis, the TATA group faced difficulties as the debt level of both the parent and the UK subsidiaries in the group was on a rise. However, it is noteworthy how the TATA group escaped a group-wide crisis by leveraging its brand, the Indian government and the Indian public.
Love in a Cold Climate: Business and Politics in Gujarat
20 January, 2009, Jayati Ghosh
These are bad times for corporate honchos, globally and in India. Quite apart from the financial crisis and the associated credit crunch, the end of the boom is exposing many weaknesses that could earlier be effectively covered up by the rapid expansion of output and profits.

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