* 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...

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 “paid news syndrome” in the media should be resisted as part of a larger struggle for democratic rights because corruption in the media directly affects the health of democracy. The struggle has to be waged in the context of media's corporatisation, monopolistic trends and structural decline. These views emerged at a day-long seminar on “Abridging Freedom and Fairness of the Media: Combating Challenges,” organised by the Rajasthan Working Journalists' Union,...

The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

Inspired by India’s “Green Revolution”, Malawi has sought Indian assistance in its “Greenbelt initiative” aimed at raising agricultural output. The southeast African nation is looking to India to tap its huge uranium deposits. Malawi is also negotiating to sign Double Taxation as well as Investment Promotion and Protection agreements with India. “Our main aim is to get India’s participation in our Greenbelt initiative to increase our farming capacity,” visiting Malawian Trade and...