* Moved to London from Kenya in the 1970s. Schooled at Haberdashers’ Aske’s. Bachelor’s at University of Warwick.     * Has three siblings. Father in aviation. Three sons from failed marriage with UK businessman Janak Radia.     * India entry in 1995. Sahara liaison officer. India rep of Singapore Airlines, KLM, UK Air.     * Floats Crown Air as MD in 2000, with sister Karuna Menon as partner. Secures FIPB clearance to...

It is quite likely that a few weeks from now someone will be knocking at your doors and asking for your fingerprints. If you agree, your fingerprints will enter a national database, along with personal characteristics (age, sex, occupation, and so on) that have already been collected from you, unless you were missed in the “Census household listing” earlier this year. The purpose of this exercise is to build the National...

The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...

The United Nations health agency today mapped out what countries can do, including raising more funds and spending it more efficiently, to ensure that everyone who needs health care can access it despite rising costs. The World Health Organization (WHO) notes that Governments worldwide are struggling to pay for health care, which is rising as populations get older, as more people suffer chronic diseases, and as new and more expensive treatments...

The rural poor in Andhra Pradesh, a State showcased as a model for SHG-bank linkage, are caught in the vortex of microfinance. WITHIN a decade of their coming into operation, microfinance institutions (MFIs) have dealt a serious blow to the economy and the well-being of thousands of families in rural Andhra Pradesh. Harassment by their collection agents has allegedly driven at least 60 borrowers to death, and the number is...