Is the government’s disinvestment plan logical?

The Board of Oil and Natural Gas Corp (ONGC) Board has approved the buyback of 25.29 crore shares for Rs 4,022 crore. This is a part of the government’s disinvestment plan wherein it has directed PSUs to utilise their surplus…

Modi government plans equity infusion in Air India. Shouldn’t the airline be shut down instead?

With the plans to privatise Air India having failed, the government has put up a proposal for approval of an equity investment of Rs 2,300 crore (US$ 330 million) in the struggling airline. The government had offered Air India for…

Big brother refuses to pick the tab for Anil Ambani

Reliance Jio has refused to cover for any pending dues of RCom with the DoT. In response, the DoT has struck down the spectrum trading deal that is so critical for RCom’s revival efforts. Anil Ambani’s efforts to get his company…

Is this the end of good times for Amazon and Flipkart in India?

E-commerce giants like Amazon and Flipkart may soon face the wrath of regulation if they are deemed guilty of unfair competition. Customers are in for more expensive shopping days as deep discounting by e-commerce firms, irrespective of the fundamentals involved…

Yes Bank set to name Brahm Dutt as chairman – Shares rise…

Yes Bank set to name Brahm Dutt as chairman, shares rise Brahm Dutt, Independent Director, Yes Bank, is expected to be nominated the non-executive interim chairman of the bank after the resignation of Ashok Chawla in November. A formal announcement on…