Friction #1: Perfect competition is a chimera. Let’s settle for imperfect.

Welcome to the first issue of Friction, a fortnightly newsletter on corporate governance in India by Sundeep Khanna, only for subscribers of The Morning Context. Sundeep, formerly executive editor at Mint, has in a career spanning three decades been one of the foremost chroniclers of business in the country.

Earlier this month, the Competition Commission of India, concluded its investigation against FAG Bearings India Ltd (now, Schaeffler India Ltd), ABC Bearings Ltd (now amalgamated with Timken India Ltd), National Engineering Industries Ltd, SKF India Ltd and Tata Steel Ltd, Bearing Division on charges of them being involved in cartelization in …

Author

Sundeep Khanna

Sundeep Khanna has, in a career spanning three decades, donned multiple hats across corporate and editorial roles, and is one of the foremost chroniclers of business in India. In his last assignment, he was executive editor of the financial daily Mint; for The Morning Context, he will write on corporate governance in India every fortnight in his newsletter, Friction.

newsletters+sundeep.author@themorningcontext.com