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Behind Adani Deals, an 'Elusive' Elder Brother - Vimarsana News

Behind Adani Deals, an 'Elusive' Elder Brother

Sibling of Indian conglomerate’s founder played key role in activities questioned by U.S. short seller; company says brother had no managerial role

Source: wsj.com
Stanchart seeks to control the destiny of Indian banks and profit foreign firms, says RN Bhaskar - Vimarsana News

Stanchart seeks to control the destiny of Indian banks and profit foreign firms, says RN Bhaskar

Standard Chartered Bank (SCB or Stanchart) had lent huge sums to Essar, mostly as unsecured loans. When the liquation of Essar’s assets began, Stanchart did everything in its power to get clubbed along with secured creditors, thus laying claim on secured assets where were to go to Indian banks.

India's economy: Hurry, hide those blemishes, writes RN Bhaskar - Vimarsana News

India's economy: Hurry, hide those blemishes, writes RN Bhaskar

Indian economy -- Out damned spot!

The government's myopia will blight both IT and digital payments, writes RN Bhaskar - Vimarsana News

The government's myopia will blight both IT and digital payments, writes RN Bhaskar

Yes, in some ways the government has succeeded. Digital payments have soared, at least in terms of the number of transactions. But values appear to have stagnated.

The trumpets and the pipsqueaks – discordant notes, writes RN Bhaskar - Vimarsana News

The trumpets and the pipsqueaks – discordant notes, writes RN Bhaskar

The hope is that the crowds will begin to applaud the government’s achievements. And the cheerleaders would, expectedly, hope to get their due rewards.