The Hindu Business Line : Wednesday, January 31, 2007

EDITORIAL
The rating gets better
India may be a high growth centre despite high public debt. But the economy could decelerate if an unchecked inflation undermines public incomes. More

INFRASTRUCTURE
The fallout of policy flip-flops
Policy stability is what investors, both domestic and international, look for and they get panicky if the government of the day suspends or delays the clearance of a project on the basis of political ... More

MERGERS & ACQUISITIONS
To make success of M&As — Focus on `people and culture' factor
Mergers and acquisitions often fail because of the lack of adequate focus on the "people and culture" factor. What can companies do to manage this critical area better? This question assumes critical importance at a time when Indian corporations are making aggressive moves in the global M&A arena, says ACHAL RAGHAVAN. More

SECURITY
Stealth aircraft development — Only a wingman's role for India?
Joining Russia midway in the development of a fifth generation stealth aircraft may not offer India the exposure it needs in the area of design. More

BOOKS
No book fair on the Maidan, a big blow to Kolkata
The Calcutta High Court not allowing the Book Fair on the Maidan is a blow to Kolkata that had been projected on the international fair circuit from the late 1970s thanks to the book exhibition. More

LETTERS

`Kindly Adjust'

Inflation control

Comments & Letters to the Editor to: bleditor@thehindu.co.in
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