Logo

Logo

India

The Indian Way

Indictment of the chairman and top executives of the Adani Group on bribery charges by a New York court, has set alarm bells ringing in India. Less than two years ago, a US short-seller, Hindenburg, had alleged massive financial impropriety by the Adani group, but after long drawn enquiries, SEBI gave the Adanis a clean chit ~ which was endorsed by the Supreme Court.

Subcontracting Paradox

The informal economy in India, a critical source of livelihood for the vast majority of the workforce, presents a paradoxical challenge.