India has fallen into a self-destructive pattern of relenting on - TopicsExpress

India has fallen into a self-destructive pattern of relenting on the big issues,worse, the uncertainty is breeding a huge trust deficit.Any major foreign investor cannot ignore the experience of Vodafone Group Plc, which is still wondering if it will take a multibillion-dollar loss on a deal thanks to tax-policy changes. In 2007, the Newbury, England-based carrier acquired the Indian unit of Hong Kong-based Hutchison Whampoa Ltd. livemint/Opinion/JqV4kA7MXrcSjblXJn1cyN/Why-Warren-Buffett-Posco-and-others-are-giving-up-on-India.html

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