Tata chief warns of India unrest

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James Lamont and James Fontanella-Khan
Financial Times
April 11, 2011

The $39bn telecoms corruption scandal in India is threatening to trigger popular discontent among the country’s 1.2bn people like no other scandal in the country’s post-independence history, the Tata Group, India’s largest company, is warning.

In an interview with the Financial Times, Kishor Chaukar, executive director of Tata Sons, the holding group of the Tata Group, said civil society’s growing frustration with widespread corruption threatened to lead to nationwide protests inspired by the recent popular uprisings in Tunisia, Egypt and Libya.

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This article was posted: Monday, April 11, 2011 at 5:37 pm







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