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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Editor's note: This is Street Smart, The Morning Context’s weekly newsletter on everything that impacts corporate India. Every Thursday, Street Smart will bring you an original, reported or analytical take on issues that have the potential to shake up the business ecosystem. Advait here. The most intriguing corporate battle of recent times seems to be playing out at Zee Entertainment. The National Company Law Tribunal (NCLT) is hearing Invesco’s petition calling for an extraordinary general meeting. Even as we keep an eye on that, there was a significant development on the bad bank proposal. Three crucial hurdles have been taken care of. Even as I dwell on them, Prince takes a look at why some of the biggest names in Indian business are interested in a little-known government agency. First the bad bank. An important update on the bad bank A little over a month ago, I wrote about how National Asset Reconstruction Co. (NARCL) was getting off to a slow start due to regulatory and legal hurdles. Since then, a few of the obstacles have been removed and regulatory clarifications have …
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.
The relatively new online marketplace seems to be doubling on its UAE momentum. We take a look at what is at stake.
