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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.
A committee headed by the chief executive of a large bank sanctions a loan to a large company. Nothing unusual about it. A day after the loan is sanctioned, the large company transfers an amount equal to 20% of the loan to a small company belonging to the husband of the CEO of the large bank. Surely, eyebrows must go up.
Last fortnight though, the adjudicating authority under the Prevention of Money Laundering Act appeared to give a clean chit to the said CEO, former ICICI Bank boss Chanda Kochhar, in the charge related to a Rs 300-crore loan given …
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.
Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
