Saturday, December 11, 2010

Manmohan Singh and Ratan Tata

Manmohan Singh and Ratan Tata are among the few Indian leaders with unblemished reputation. At least, they appeared to be so before the 2G Scam broke out. Their reputation is now in tatters. Strangely they have responded to the telecom imbroglio in opposite ways.

The prime minister has been steadfastly quiet when he should have spoken aloud and put his foot down. The industrialist on the other hand was uncharacteristically outspoken and getting hoist with his own petard. In the process both have revealed their true selves.

When a respected leader indulges in a misdemeanour, the unsuspecting public goes through a crisis of faith and turns cynical. This is what is happening in India today. Singh and Tata have let us down very badly. Brand valuers will have a tough time figuring out the huge dip in the value of the Tata brand.

1 comment:

Anonymous said...

Ratan Tata is unlike other businessmen.He mantains high ethics.It is unfair to pillory him.--M.V.