Letters to the Editor

Emerging Giants

This refers to your cover story on companies that grew rapidly in a slowing economy (Growth Warriors, July 19). It was worth highlighting the performances of the 18 listed and unlisted companies, which shows how they identified growth avenues in a volatile business environment, and how these entrepreneurs, with innovative ideas, boldly swam against the recessional tide. Kudos to the BT team for bringing out such a fascinating article. - Abhinav P., New Delhi

Cellphone Growth

This refers to your article on mobile phones (Making a Good Call, July 19). The acclaimed "Make in India" and "Digital India" initiatives must be tempered to lend space for green-field projects and accelerated productivity of the existing facilities towards the promotion of Indian MNCs in this sector. Indian mobile companies must be given tax holidays and there is a need to facilitate with a single-window service, extending liberal countenance during gestation. These companies must deepen their R&D endeavours to have an edge in aesthetic outlook, elegant design, vibrant functionality and other value-added features, over others. They must tie up with service providers and customers to create a win-win situation. The mobile segment must be given due importance by policy-makers to take the country on an enviable fast growth trajectory. - B. Rajasekaran, Bangalore

Power Debts

This refers to your article on the power sector (A Glass Half Full, July 5). It is a matter of shame that even today households remain plunged in darkness endlessly. Various power generation projects have hit the ground running, and investment flow in the sector has increased in the past year. Coal auctions and low crude prices should have actually benefited these companies. So, if everything is falling in place, why are they still not being able to deliver? Clearly, it is more of a managerial issue now, considering the huge debts power companies are still reeling under. It is time for them to come of age, bring in fresh blood, overhaul and reinvent themselves. Also, focus should shift on curbing leakages, preventing theft, ensuring payments and sourcing supply at the right prices. These companies should now start investing in renewable projects as they are bound to give massive returns in the long run. - Gaurav Gupta, Pune

www.twitter.com/bt_india

BRICS bank to set its own standards; no rivalry with others, says NDB President K.V. Kamath.

It can become an associate of IMF. - M. Ramanathan, @ramanathanmuth7

Greece seeks three-year loan deal from EU to avert collapse.

It is better for euro-zone to accept the proposal and save EU from collapse. - Dr Radha Mohan Agrawal, @AgrawalRMD

Global crude oil price falls to $56 per barrel on Greece, China impact; India gains.

But still petrol prices in India don't reduce. - Veer Pratap Singh, @Veer_vin