Several firms – most of which had strong fundamentals but faced liquidity crises – changed hands at large discounts. Political power has played a role.
India’s insolvency proceedings are not working well. The Jet story illustrates some of the costs India is incurring. It is not about the airline alone.
-150+Companies participated in this Placement session -
- Average package hike of 14 % from previous year-
- Highest Salary of 65.60 Lakhs per annum -, , IIM Ghaziabad