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Showing posts from June 9, 2010

"Is the Nation in a Coma" BY Mohan Murti

Is the nation in a coma? Europeans believe that Indian leaders are too blinded by new wealth and deceit to comprehend that the day will come when the have-nots will hit the streets. BY Mohan Murti (The author is former Europe Director, CII, and lives in Cologne, Germany) A few days ago I was in a panel discussion on mergers and acquisitions in Frankfurt, Germany, organised by Euroforum and The Handelsblatt, one of the most prestigious newspapers in German-speaking Europe. The other panellists were senior officials of two of the largest carmakers and two top insurance companies — all German multinationals operating in India. The panel discussion was moderated by a professor from the esteemed European Business School. The hall had an audience that exceeded a hundred well-known European CEOs. I was the only Indian. After the panel discussion, the floor was open for questions. That was when my “moment of truth” turned into an hour of shame, embarrassment — when the participa