The death of billionaire industrialist Ratan Tata, 86, earlier this month plunged India into gloom because he brought a rare combination of philanthropy, ethics and business acumen – an anachronism in today’s world where the influence of big business on governance is well known.
Throughout the 1990s, the Tata group’s insistence on playing by the rules meant its proposed joint venture with Singapore Airlines in India’s airline industry had stumbled under an Open Skies policy, even if…
