Honeywell Chairman and CEO David Cote speaks on the economy in Washington, DC, in 2009. Foreign companies are becoming frightened of investing in India because of its heavy bureaucracy and tax ... more 

Honeywell Chairman and CEO David Cote speaks on the economy in Washington, DC, in 2009. Foreign companies are becoming frightened of investing in India because of its heavy bureaucracy and tax policies, the chairman of US-based Honeywell International was quoted as saying on Wednesday less