Opinion Being Cyrus
In its 142-year history,this is just the second time that the group will have a non-Tata at the helm of its affairs.
Being Cyrus
By choosing Cyrus Pallonji Mistry to succeed Ratan Tata and head the $83.3 billion Tata empire,the company has signalled a welcome change in the corporate world (Dark young horse Mistry named Ratan Tatas successor,IE,November 24). In its 142-year history,this is just the second time that the group will have a non-Tata at the helm of its affairs. It is a great responsibility for Mistry to be in charge of the company at the age of 43. He will bring in something new,but he will have to continue the Tata tradition,especially when it comes to ethics and values that many have come to associate with the corporation behemoth.
Shekar A. Amin
Re value
As pointed out in Finding a new floor (IE,November 24),in the wake of the eurozone crisis,investors,who are parking their money,consider the dollar safer than the euro,at least for the short term. Meanwhile,investor confidence in India has eroded. Gone is the era of RBI intervention to prop up the rupee. What we need is capable governance and the determination to carry through urgent reforms. The political class must spare some attention to the economy even as they noisily jostle for space in Parliament.
R. Narayanan
Ghaziabad
Arch enemy
Apropos the editorial Crowning glory (IE,November 24),there is nothing wrong with the culture ministrys decision not to commemorate the 1911 Delhi Durbar,a colonial feat,and celebrate instead the re-emergence of Delhi as the national capital of India. However,the fact is that the British rule,with all that is good and bad about it,remains an inseparable part of Indian history. Even independent Indias seat of power,Parliament,functions in a building built by the British.
M.C. Joshi,
Matters of the House
There is no justification for disrupting the proceedings of Parliament and causing losses to the exchequer. Political parties should not create hurdles for the passage of important bills that await their discussions and nod. Disrupting Parliament is just anti-people.
S.C. Vaid
Greater Noida
The opposition parties are often criticised for stalling the functioning of Parliament. But the ruling party is equally,if not more,to blame for a logjam in the House. Every session,the ruling party stubbornly refuses to yield ground to the opposition on certain issues. After wasting several days,the ruling party succumbs to the opposition. We saw it earlier over the constitution of a JPC to inquire into the 2G spectrum scam. Now it is on the question of voting on several issues. Why not create a consensus in the beginning of a session and let Parliament function?
Arun Chandra
Mumbai
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