Essar verdict will rekindle hope in integrity of India’s bankruptcy process, but it will take a lot more work to allay concerns about its effectiveness.
Banks are opposed to certain terms of the Essar Steel sale, which, they say, could lead to higher lending rates, further affecting India's credit woes.
Racism is a problem for privileged mainlanders only when it's meted out to them abroad. In their own backyard, it's normalised as 'I was just kidding. Chill yaar'.
The 7 February incident involving Tejas aircraft caused severe damage to its frame. IAF and HAL are working together as part of the Board of Inquiry (BoI) to probe the incident.
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