Opinion

Opinion: Somebody Should Send Axis Bank's Board a Thank-You Note

Axis Bank's board, which should have spent at least the past year looking for new leadership, now wants permission to cling on to Shikha Sharma until December; apparently it can't find a replacement by end of May.

Opinion: Uber's India Doom Is Written In The (Selfies With) Stars: Gadfly

Bollywood actor Shahrukh Khan is the new Taj Mahal.

Opinion: What Mukesh Ambani Is Doing With Jio Isn't Rocket Science

India's telecom industry is in turmoil, and depending on whom you ask, one man deserves all the credit or all the blame.

Opinion: Shame On You Crazy Diamond Bankers. PNB Was No Lone Wolf

It's disingenuous to think that India's biggest banking fraud was just one bent officer in a bumbling state-run lender enriching an uncle-nephew pair of greedy diamond merchants. That's the spin Punjab National Bank is trying to put on the $1.8 billion scam that went on for seven years.

Opinion: Investing in India? Better Call Your Tax Lawyer First

The grandfathering of past returns promised by Finance Minister Arun Jaitley in his budget speech is missing from the fine print of the finance bill.

Opinion: Mukesh Ambani's Brotherly Love For Anil In Range Of $3 Billion

Must the tap of brotherly love turn off at 68 cents on the dollar?

Opinion: Bitcoin As Money? Here's A Roadmap For How It'll Happen: Gadfly

Now that bitcoin is a mainstream asset, with futures contracts traded at the world's largest exchange, becoming actual money should be the logical next step. But if you were to ask investors their expectations, the reply in most cases would likely be: "Not in my lifetime."

Opinion: The Contrasting Telecom Fortunes Of Mukesh And Anil Ambani

Mukesh Ambani, India's richest man, sold 10-year dollar notes at just 130 basis points over U.S. Treasuries on Monday. None of the existing debt of Indian nonfinancial issuers, including state-owned firms, was raised this cheaply, according to Bloomberg News reporters Carrie Hong and Neha D'silva.

Opinion: Mukesh Ambani's Softly, Softly Online Plan May Outsmart Amazon

The $200 billion e-commerce market Morgan Stanley is forecasting for India by 2027 just got a new contender -- with a very different plan.

Opinion: India's Money Helicopter Flew Wrong Way With Cash Ban

In the annals of economic experimentation, India's cash ban will stand out. Not because it was ill-advised, poorly executed or unsuccessful in achieving its original aims. Prime Minister Narendra Modi's move to outlaw 86 percent of his country's currency a year ago today was all those things. What made it remarkable, though, was the way it flew against the zeitgeist.

Opinion: Ambani's Next 100 Million Jio Customers Won't Be As Easy

If Ambani can double the number of subscribers, and get at least $4 from each of them, investors who endured seven lean years will get a decent harvest.

Opinion: Indian IT Was On The Brink Even Before Trump's Shove

Infosys and TCS, historically among the top three visa sponsors, would either have to increase wages, or settle for a much reduced scale of business in their most important market.

Opinion: Patanjali Effect Is Huge. What Baba Ramdev Could Do To Grow Even More

This month, Patanjali won a two-notch credit rating upgrade from ICRA, the India affiliate of Moody's Investors Service. So far, the company has just $47 million in borrowings.

Opinion: Pumped-Up Mukesh Ambani Is Ready To Pounce On Indian Rivals: Foreign Media

Ambani has all but completed massive investments in his petrochemicals empire, whose cash flows give him the firepower to promote and expand his new fourth-generation mobile service.

Opinion: India's War On Cash Needed A Very Different Approach: Foreign Media

Fewer than 10 percent of Indians have ever used any kind of non-cash payment instrument. Less than 3 percent of the value transacted in the year ending March 2014 used cards.

Opinion: There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media

The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.

Opinion: Opinion: Three Figures Tata's Successor Needs For Job Interview

If the position in question is chairman of Tata Group, there might be three figures - $40 billion; 2020; and 250 basis points.

Opinion: Mukesh Ambani, India Needs You To Keep Spending: Foreign Media

India's richest tycoon is also the country's most optimistic spender. Every project into which Ambani is pumping money is close to fruition, meaning he could sit back and savor the rewards.

Opinions: Indian Software Died Today, Look At TCS, Infy: Foreign Media

The first hint that the end was near came when TCS announced a virtual stalling of its business in the September quarter. Infosys followed up by slashing its full-year revenue guidance for the second time in three months.