Editor's Note

A down-to-earth gambit

Media baron, Subhash Chandra is hogging the headlines for having bought into IVRCL

Indian business has largely been a cosy club and good governance more often than not has been lip service. In the West, an active takeover market meant institutional investors could exercise their heft for their benefit (incidentally, that helps other minority shareholders as well). In India, you can count the number of successful hostile takeovers on your fingertips. But dismal statistics have hardly dissuaded self-made billionaire Subhash Chandra. Unlike Rupert Murdoch of late, Chandra must be enjoying reading about himself in h

unsub

You don’t want to be left behind. Do you?

Our work is exclusively for discerning readers. To read our edgy stories and access our archives, you’ve to subscribe