India Insight

Kingfisher situation an example of India’s free market/welfare state identity crisis

November 14, 2011

Bailout. A term which till recently was alien to India.

It was something the West did, to save their big financial institutions which had grown too big too fast and had squandered their cash positions while betting on complex instruments that even they did not fully understand.

from DealZone:

Reliance aims big with $12 bln bid for LyondellBasell

November 23, 2009

Ranked by Forbes as India's richest man with a net worth of $32 billion, Mukesh Ambani Mukesh Ambani, chairman of Reliance Industries, is no stranger to taking risks.

Uneasy numbers stacked against Air India

July 19, 2009


State-run Air India, which enjoyed a monopoly in the country till the deregulation of the aviation sector in 1991, is besieged by ballooning debt and a litany of woes, pushing it to the brink of collapse.