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Sashidhar Jagdishan ended up doing two things his high-profile predecessor, Aditya Puri, successfully avoided for 26 years: a merger with Housing Development Finance Corporation Ltd (HDFC Ltd), the illustrious parent, and running a...
Last week brought a familiar Indian story dressed in a fresh set of numbers: an institution funded by the taxpayer treats its biggest defaulters with far more discretion than it shows an ordinary depositor who is late in updating ...
SY Quraishi insists his book is not a memoir. He is right; it is even better. Traditional autobiographies of public men in India tend to follow a predictable arc: hardship, struggle, ascent, vindication. Instead, Mr Quraishi offers a...
The impending exit of N Chandrasekaran (Chandra) as chairman of Tata Sons, takes us back, once again, to 1991, the year when Ratan Tata took charge of the Tata group and irrevocably transformed it from the days of his illustrious...
What is inside your food packet and, more importantly, what is not clearly indicated on its front, is now before the Supreme Court. A public interest petition (W.P.(C) No. 437/2024), filed by ‘3S and Our Health Society’ in 2024...
Across Maharashtra, restaurant and club kitchens are being steam-cleaned and scrubbed, pest-control contractors summoned and food storage practices reviewed with great urgency. After elite clubs and storied shops were raided and shut,...
Last week, this column talked about falling bridges – especially in Bihar—and India’s crumbling infrastructure. Almost immediately after, the Times of India reported on an even more surreal example of wasteful planning...
India has never invested more heavily in infrastructure than in the past decade. Highways, expressways, airports, tunnels, bridges and ports have been built at record speed. These have been showcased through drone footage, glossy videos...
Sixteen years. That is how long the National Stock Exchange (NSE) has fought to avoid being held directly accountable under the Right to Information (RTI) Act. Last week, the Delhi High Court finally dealt a decisive blow to that...
They picked the wrong judge to intimidate. But the real damage could be to every citizen who depends on an independent judiciary.
The recent disclosures by retired Bombay High Court judge, Gautam Patel, about the threats and...
The core job of an asset reconstruction company (ARC) is to buy troubled assets, recover maximum value from bad loans, clean up bank balance sheets and restore financial stability. They fulfil the first function efficiently, but their role...
Despite the obvious impact of the war in Iran, the only visible blot in the official narrative of stellar economic growth has been the 11%–12% slide in the Indian rupee. According to official data, India’s real gross domestic...