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SEBIi has given its nod to the updated DRHP that lists a 3.5 percent stake sale, as against 5 percent as mentioned in the previous draft papers

LIC fixes the price band at Rs.902-949 a share for Rs.21,000 cr IPO. Rs.60...

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LIC IPO is set to open on May 4, close on May 9 Public sector giant Life Insurance Corporation of India (LIC) has fixed the...
While Buch has herself been a SEBI member and RBI has had several women deputy governors, none of them had gone on to head the agencies, including the insurance or pensions regulators

Madhabi Puri Buch named first woman chief of SEBI

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Who is Madhabi Puri Buch? SEBI's new chairperson Madhabi Puri Buch has been appointed as the new Securities and Exchange Board of India (SEBI) chairperson...
It is becoming increasingly clear that while some may have been snooped for political purposes, many may be victims of individual agenda of vested interests

Jet Airways’ Naresh Goyal, Spice Jet’s Ajay Singh, Essar’s Prashant Ruia, Lobbyists of Ambanis...

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Pegasus scandal - Latest list figures names of many industrialists & lobbyists The Pegasus snooped person list un-ending. The latest list figures names of many...
The takeover of IL&FS by LIC seems nothing short of a scam.

Takeover of IL&FS by LIC looks like a scam

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It is astonishing that a public sector company, LIC, is being forced to bail out a private company Life Insurance Corporation of India (LIC) seems...
C-Company targeted FTIL through NSEL

How Chidambaram and C-Company placed hurdles in the way of FTIL – Part 7

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Parts 1 through 6 of this series can be accessed from this page. This is Part 7. The Motive The National Stock Exchange (NSE) was Chidambaram’s...
EP 169: Biden touts economic progress but...; MEA S Jaishankar to visit the US next week & more!

EP 169: Biden touts economic progress but; MEA S Jaishankar to visit the US...

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Sree Iyer: Namaskar, today is May 24th, Monday, 2021, and Welcome to Daily Global Insights with Sri and Sree. This is episode 169. We...
Another bank that the UPA-era government used as its cash machine is being put up for sale

Government approves sale of IDBI Bank. Rs.60,000 crore expected from sale of 95% shares

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Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the sale of IDBI Bank (Industrial Development Bank of India) by divesting the Government...
More than 100 companies sign letter opposing Election integrity laws, US Army Prepares for possible Global Land Conflict with China on Taiwan, India plans to tackle COVID & more

EP 142: More than 100 companies sign letter opposing Election integrity laws & more

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Sree Iyer: Namaskar, good morning. Welcome to Episode 142 of Daily Global Insights with Sri and Sree. Today is Thursday, April 15, 2021, and...
Should the Centre dismiss the Maharashtra government? A critical look at the coalition's functioning during the Corona crisis

The Corona Crisis: President’s Rule, the only way out in Maharashtra?

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The World facing the biological disaster by the disease popularly known as COVID-19 due to the Coronavirus has not left India where the number...
A capitalist society is based on the legal right to private property and the ability to pass on wealth to future generations. Capitalists argue that a capitalist society is fair because you gain the rewards of your hard work.

The Travails of Capitalism

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There are some negatives associated with capitalism. To elaborate: A profit-maximizing capitalist firm is likely to ignore negative externalities, such as pollution from production; this...

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