The bankruptcy process has been plagued by poor recoveries and long delays with public sector banks sustaining huge write-downs. But it’s a new symptom of an old problem,
Debashis Basu suggests. “The fact is the massive bad loans are due to deep corruption and the nexus between bankers, businessmen, and politicians in PSBs.
It is the same corruption in PSBs which is now allowing the IBC to be gamed.” Read his analysis of the troubled IBC process here In other views:
Ajit Balakrishnan wonders whether the deepening institutional acceptance of Work from Home will bring far-reaching social change as well. Read it here
As work from home deepens …
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Rahul Jauhari quits Rediffusion as Joint President and Chief Creative Officer
bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.
The
top edit explains why this tax could become the largest and most far-reaching reshaping of the global tax landscape in decades. Read it here In other views today:
Debashis Basu explains why the divergence between economic growth and the rising stockmarket is not irrationally exuberant. Read it here The
second edit argues that the Reserve Bank of India should not underestimate the risks embedded in its bid to shore up growth. Read it here
Tamal Bandyopadhyay assess whether investor faith in State Bank of India’s performance is warranted. Read it here
Ajit Balakrishnan discusses the manner in which digital platforms are transforming the conventional paradigms of competition law.Read it here