Many are of the opinion that untrammeled liberalization,as exemplified in the relaxation of FDI regulations,will cause a revival of the East India Company, albeit in an American avatar. They must remember that India in the 21st century is not what it was in the 17th century.

A rookie sets out on a journey, he is ridiculed by the world for taking the bold steps he takes, he is constantly reminded of the failures that await him in the future, the rookie doubts himself yet he perseveres and comes through the dark tunnel into the city of...

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