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In this issue

Cover Story: Defence Production: Changing Dynamics The private sector is gradually getting a toehold in the Indian defence industry. But a long-drawn battle lies ahead for India to emerge as a defence manufacturing hub. Mining: A Welcome Change: A new Ordinance scraps outdated, end-use restrictions in coal mining, opens up the vital sector for competition and helps the country attain energy security. Aviation: Second-Time Lucky?: With many investor-friendly conditions, the government may perhaps be successful in divesting Air India's stake this time around. Corporate Report: Defying Downturn: With intelligent strategies and customer-centric approach, Pride Group of Hotels is bucking the depressing trend sweeping across the hospitality industry. Natural Gas: Green Push: A draft CGD policy seeks to facilitate speedy implementation of natural gas-based mechanism, network and value-added services. Insurance: Healthy Boost: The new, standardised, health insurance policy is likely to improve the country's insurance penetration rate. Management Mantra: Management Mantra - Pawan Shahri, Managing Partner, One Hospitality And other regular columns...

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