No one was surprised when the price of Life Insurance Corp. of India’s shares dropped on its trading debut, but for the government, the headache starts now as its ambitious disinvestment program looks to be in some jeopardy. Elsewhere the JSW group bought Mytrah to boost its green energy capacity, while IndiGo brought in Pieter Elbers from KLM to replace Rono Datta as its new CEO. Finally, the Supreme Court snuffed out Cyrus Mistry’s slim hope of a face-saver in his battle against Ratan Tata while the government looked set to become, even if by default, the largest single shareholder in Vodafone India.
61 Episodes