| Author | Message | ||
Rajusk Legend Username: Rajusk Post Number: 56804 Registered: 02-2008 Posted From: 172.58.225.1 Rating: N/A |
Tata wrote to Nehru: âI can only deplore that so vital a step should have been taken without giving us a proper hearing.â âEven more than the decision itself, I was upset by the manner in which nationalisation was introduced through the back door without any prior consultation of any kind with the industry,â Tata wrote to a company executive about the nationalisation of his dream project. âHowever, we have to reconcile ourselves to the fact that we are living in a political and bureaucratic age in which people like ourselves no longer count for much in the scheme of things.â | ||
Rajusk Legend Username: Rajusk Post Number: 56803 Registered: 02-2008 Posted From: 172.58.225.1 Rating: N/A |
What Nehru once told Tata came to be prophetic for a large number of public sector units (PSUs)âespecially Air India. During a conversation, Nehru rebuked Tata, telling him he hated the mention of the word âprofitâ. When Tata pointed out he was talking about the need of PSUs to make a profit, Nehru said, âNever talk to me about the word profit; it is a dirty word.â |