What’s holding up the Times Group split
Samir and Vineet Jain more or less agree that a mediated auction is the best way to divide their media empire, but can they rustle up the cash for the assets they want to control?
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The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
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Multiple institutions have failed in their duty to pursue the litany of cases against Ambani and his companies. This has facilitated a comeback that should never have been
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