George Fernandes: The minister who threw Coca-Cola out of India, stalled HPCL privatisation
In 1977, he threw Coca-Cola out of India and two-and-a-half decades later, put spokes in the sale of India's second-biggest fuel retailer HPCL to the likes of Reliance Industries and Royal Dutch Shell. That was George Mathew Fernandes, former defence minister in the Vajpayee government who died Tuesday. A firebrand trade unionist and socialist, Fernandes was the industry minister in the post-Emergency Morarji Desai government in 1977 when he decided to throw Coke as well as IBM out of India over... Читать дальше...