It would seem Rishi Agarwal is India’s newly minted master fraudster. In making him the fall guy, the lenders to the company are craftily avoiding the spotlight on their role in the fraud.
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In paving the way for Tesla to sell its cars in the country with reduced duties, India comes across as partisan and a country that can be bullied into acting against its own interests.
The increasing convergence of sales and service functions, with consequent non-stop pressure to meet targets, has seen employees jump ship in droves. This has the potential to adversely impact the financial institutions’ health.
The auto giant has only committed to manufacturing cars at its Chennai plant without any clear plans to actually sell those vehicles in the country.