Ratan Tata, weeks before relinquishing control of the Tata Group, has warned India of crony capitalism. In a recent interview with PTI, asked if the problem was getting worse, he replied, “Yes. It’s just an observation, I have no facts or figures to prove it.” Asked about a statement he made on the erosion of values and ethics in India, especially within the business community, he said, “I hold that view.”» Indian Parliament has come to a standstill again as reports surface that the US-based (…)

