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Dismantle India's Big 5 conglomerates to increase competition, says former RBI Deputy Governor

Former RBI Deputy Governor Viral Acharya has called for dismantling India's largest conglomerates to increase competition and to reduce their pricing power.In a new paper for Brookings, Acharya of New York University said the Big Five . ....

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Market-cap of India Inc's top groups soars with the market - The Hindu BusinessLine


Market-cap of India Inc’s top groups soars with the market
February 06, 2021
46 business houses out-perform Sensex’s 90% gains from March 2020 lows
With the Sensex closing convincingly above the 50,000-point mark, it is interesting to see which business houses created the maximum wealth for shareholders.
A study of over 60 business groups, with least ₹10,000-crore market capitalisation, shows that their combined m-cap has more than doubled to ₹108-lakh crore, riding as they did the rip-roaring rally in the stock market from the Covid nadirs less than 11 months ago.
In this march, as many as 46 groups (70 per cent) out-performed the blue-chip index, the Sensex, in terms of the rise from the market lows. The benchmark has gained 90 per cent between March 24, 2020 and February 5, 2021. ....

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