Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (5046)	7/9/1999 2:05:00 PM
From: Mohan Marette	Respond to of 12475

Dow, Mitsui evince interest in Hindustan Organic Date: 7/9/99 11:14:38 AM Multinational companies like the American Dow Chemicals and the Japanese Mitsui have represented to the government, about their interest in picking up equity in the public sector chemical giant. These two companies join ICI who had earlier shown interest in the PSU. HOC is one of the numerous companies that the government has planned to disinvest. Center holds 58.6% in HOCs Rs672.7mn equity and is planning to offer 26% to the private sector.

To: Mohan Marette who wrote (5046)	7/9/1999 2:35:00 PM
From: sea_biscuit	Respond to of 12475

Well, yet another blunder in a series of blunders by this "talk big" Indian government! But that's "business as usual" in this government run by "sadhus" (who are anything but "sadhu"), sanyasis, rabble-rousers, and a motley crowd of clueless nationalists and socialists. India made yet another big blunder when, in the Kosovo crisis, they chose to side with Russia and China (and Milosevic), and against the US and NATO (and the Kosovar Albanians). In what can only be labeled as an asinine move, India allied its interests with Russia and China. Take a look at those countries again and what do you see -- the first is a fast crumbling State; the other has no traditions of democratic governance. And India chose to take their side instead of sympathizing with the Kosovar Albanians, who have been subject to some of the worst human-rights abuse in Europe since the end of World War II. With friends and policy positions like these, Indians should not be surprised that very few in the international system take their government seriously.