The patriarch of Kirloskar family, not without bitterness, compared his situation with that of Japan's Toyota. In 1947 S. L. Kirloskar, despite the obstacles thrown in his way by the British Raj, was already a manufacturer of some consequence, with...
Cycles required a Registered Token (a small piece of Coin Shaped Aluminium) issued by the Coimbatore Municipality and affixed to the cycle. The cost of the token was 15 Naya Paise and it was to be renewed every year. 15 Naya paise could get you a dec...
When we look at the economy of the India before1990, our financial problems were in plain sight and fairly simple to understand. Firstly, there was the problem of rising unemployment and a low rate of growth. Secondly, we had a huge budget deficit, a...
