Indian Capitalism Under the Microscope

In a society ridden with crony capitalism and crony politics, businessmen and politicians inevitably try to stop people writing books that reveal their goings-on. But there is a limit to how much disruption they can achieve. This has has been shown by the recent publication of three books that uncover many of the secrets of the showy but shadowy Sahara Group run by the idiosyncratic and reclusive Subrata Roy (now in jail), the intrigues, spats and influencing of Reliance companies, run by the Ambani brothers, over natural gas pricing, and the fixes and fudges of Air India, especially when Praful Patel, a suave and wealthy Maharashtra politician, was aviation minister in the last government.

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