Tuesday, October 9, 2007

Debt ridden Companies like Essar talk about devlopment of tribal areas....

If the above news is to be believed,is it fair on the part of Essar,Tata,Jindal and others who all borrow huge amount of money from all kinds of Banks to be talking about changing the conditions of the poor in the country.

There were so many people pointing finger at the acquisition of Corus by the Tata.How a company which is ten times bigger than Tata let it taken over by the latter?

Is it Corus which has acquired Tata Steel???
It is possible since Corus can't use the mineral reserve of India directly so they needed an Unpatriotic company like Tata as their agent in India to exploit the forest,minerals,tribals,rivers of India.

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