On his maiden two-day visit to India in July, United States Secretary of State Antony Blinken met with top diplomats and Prime Minister Narendra Modi to discuss a range of issues, from Covid-19 and vaccination to human rights and democracy and defence transfers and technologies. However, there was no mention of one significant issue—the sale of the Lincoln House in Mumbai. Earlier this year, when Blinken was up for confirmation as secretary of state in Washington, he reportedly committed to prioritising the resolution of the Lincoln House dispute, which was referred to as “an unnecessary irritant in the bilateral ties” between the two nations.
At the heart of the matter is the lease transfer of the 88-year-old mansion by the US to the Poonawallas, the Pune-based vaccine tycoons, for ₹750 crore. If the transfer happens, it could be the biggest-ever real estate deal in the history of India. But it remains stuck as the Indian government, despite several attempts by US officials, refuses to give its stamp of approval. If there is no headway by the end of this month, the Americans will lose a buyer in the Poonawallas who, as per the contract, can opt out of the deal.
Denne historien er fra August 15, 2021-utgaven av THE WEEK.
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Denne historien er fra August 15, 2021-utgaven av THE WEEK.
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William Dalrymple goes further back
Indian readers have long known William Dalrymple as the chronicler nonpareil of India in the early years of the British raj. His latest book, The Golden Road, is a striking departure, since it takes him to a period from about the third century BC to the 12th-13th centuries CE.
The bleat from the street
What with all the apps delivering straight to one’s doorstep, the supermarkets, the food halls and even the occasional (super-expensive) pop-up thela (cart) offering the woke from field-to-fork option, the good old veggie-market/mandi has fallen off my regular beat.
Courage and conviction
Justice A.M. Ahmadi's biography by his granddaughter brings out behind-the-scenes tension in the Supreme Court as it dealt with the Babri Masjid demolition case
EPIC ENTERPRISE
Gowri Ramnarayan's translation of Ponniyin Selvan brings a fresh perspective to her grandfather's magnum opus
Upgrade your jeans
If you don’t live in the top four-five northern states of India, winter means little else than a pair of jeans. I live in Mumbai, where only mad people wear jeans throughout the year. High temperatures and extreme levels of humidity ensure we go to work in mulmul salwars, cotton pants, or, if you are lucky like me, wear shorts every day.
Garden by the sea
When Kozhikode beach became a fertile ground for ideas with Manorama Hortus
RECRUITERS SPEAK
Industry requirements and selection criteria of management graduates
MORAL COMPASS
The need to infuse ethics into India's MBA landscape
B-SCHOOLS SHOULD UNDERSTAND THAT INDIAN ECONOMY IS GOING TO WITNESS A TREMENDOUS GROWTH
INTERVIEW - Prof DEBASHIS CHATTERJEE, director, Indian Institute of Management, Kozhikode
COURSE CORRECTION
India's best b-schools are navigating tumultuous times. Hurdles include lower salaries offered to their graduates and students misusing AI
