Robin Raina’s Eraaya-Ebix deal is a train wreck
Skeletons are now tumbling out of the closet, suggesting that the acquisition of the beleaguered US-based company may not exactly be above board.
14 October, 2024•17 min
0
14 October, 2024•17 min
0
Getting your Trinity Audio player ready...
More in Business
Business
BOB's Rs 10,000-crore green bond cracks open a new market for Indian banks
The state-owned lender’s successful issuance—and rare pricing advantage—signals India’s hesitant sustainable finance market may finally be maturing
You may also like
Business
Minus scooters, an empty gigafactory is squeezing Ola Electric dry
The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.
Business
Maruti’s comfort zone is now its biggest risk
A revival in small-car sales has restored the automaker’s advantage, but tougher fuel-efficiency norms threaten to turn its greatest strength into a liability.
Business
Why Adani Green’s rapid expansion is hurting its bottom line
The renewable energy firm’s profit plunges 99% to its lowest since 2020 as surging finance costs erase gains from record energy sales.