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BBC only went ahead with the restructuring after the tax surveys in February last year even though the deadline to meet FDI compliance norms was October 2021. The I-T department’s survey came days after the BBC aired a controversial documentary “India: The Modi Question”.

Frequent portfolio reshuffles and primary market allocations have driven returns. The question is whether this approach can hold up over the long term.
Capital productivity remains below pre-pandemic levels, helping explain why private investment has failed to respond more strongly to the government’s push.
After battling rising prices and a slowdown, HUL, Tata Consumer Products and Nestle India are showing signs of recovery. But the threat of inflation still looms.