Tata group chairman Ratan Tata Thursday said the profit margin of the group companies may suffer due to the high prices of raw materials.11:02 PM on August 28
It is clear that when economic developments like steep rise in input costs daunt even a highly experienced business group such as Tatas, the minimum that politicians should do for business is to scrupulously restrain from whipping up local people to disrupt production with agitations and violence. Only then businesss can address economic problems with focus for its successful functioning. BTW, Ms Bannerji's political agitation against the yet-to-start Nano car project is far from an exemplary way of political support to industrial sector as a proud contributor to nationale economy.
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