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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 the last edition of Friction. The end is a little sad as it’s been a great ride so far. But it’s also exciting because Friction will be replaced by something bigger and better. When we started Friction, we were looking at a newsletter that would talk about issues of corporate governance and (no points for guessing this one) friction—between promoters, and promoters and shareholders. Along the way, Friction began to evolve and varied topics, not necessarily in keeping with the core theme, began to find space. It made us realize that things like governance, infighting between board members and shareholder conflicts are part of the whole business ecosystem. So we wanted to make our newsletter more inclusive. Eventually make it a one-stop shop for sharp explainers and perspective on events that matter to public markets. Before we move on to the new newsletter, I would like to take a moment to recap what Friction set out to do, what it achieved and the value we were able to bring to you, our readers. The stage for highly quality …
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
While the regulator’s interim order alleges massive irregularities, the long arc of unfinished probes, hearings and appeals makes closure distant.
