Opinion: Why I'm Losing Hope In India

Opinion: Why I'm Losing Hope In India

Andy Mukherjee | Bloomberg | Saturday November 28, 2020

Call it buyers' remorse. Those of us who thought that muscular leadership would revive India's dream of mimicking Chinese-style double-digit expansion are not just disappointed. For many of my generation, our long-cherished hope for a better, greater India is all but gone. We wanted to trade some of our democratic chaos for a little bit more growth. We ended up with l...

Opinion: Tycoon-Led Banks Could Be Dangerous For India

Opinion: Tycoon-Led Banks Could Be Dangerous For India

Andy Mukherjee | Bloomberg | Monday November 23, 2020

From the conditional nature of the recommendation, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking. But the report could pave the way for backdoor entry.

Opinion: This Time, India Is Getting A Bank Rescue Right

Opinion: This Time, India Is Getting A Bank Rescue Right

Andy Mukherjee | Bloomberg | Wednesday November 18, 2020

The moth-eaten LVB will cease to exist, its equity completely wiped out.

Opinion: Biden Must Dump Trump Tariffs, Focus On India For Silicon Valley

Opinion: Biden Must Dump Trump Tariffs, Focus On India For Silicon Valley

Andy Mukherjee | Bloomberg | Thursday November 12, 2020

For all the hype around "Howdy Modi" and "Namaste Trump," the US.-India economic relationship has been backsliding the last four years. To move forward, Joe Biden must steer the conversation away from tariffs, an obsession of his predecessor.

Opinion: Jeff Bezos Vs Mukesh Ambani As Amazon Disputes India Retail Deal

Opinion: Jeff Bezos Vs Mukesh Ambani As Amazon Disputes India Retail Deal

Andy Mukherjee | Bloomberg | Tuesday November 03, 2020

The actual quarrel is only interesting when you read between the lines of the claims and counterclaims.

Opinion: The Next China? India Must First Beat Bangladesh

Opinion: The Next China? India Must First Beat Bangladesh

Andy Mukherjee | Bloomberg | Monday October 19, 2020

India's Covid-19 economic gloom turned into despair this week, on news that its per capita gross domestic product may be lower for 2020 than in neighboring Bangladesh.

Opinion: Tata Taking On Mukesh Ambani Could Be India's Alibaba-Tencent

Opinion: Tata Taking On Mukesh Ambani Could Be India's Alibaba-Tencent

Andy Mukherjee, Bloomberg Opinion | Monday October 05, 2020

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform combining fashion, lifestyle and electronics retail, food and grocery.

Opinion: Vodafone Loss Gives Government A Stark Choice

Opinion: Vodafone Loss Gives Government A Stark Choice

Andy Mukherjee | Bloomberg | Monday September 28, 2020

The quarrel goes back to Vodafone's 2007 purchase of Li Ka-shing's India wireless business.

Opinion: With Farm Bills, PM Modi Has "Thrown Out The Old Furniture"

Opinion: With Farm Bills, PM Modi Has "Thrown Out The Old Furniture"

Andy Mukherjee | Bloomberg | Thursday September 24, 2020

Big changes are afoot in Indian agriculture, driven by Prime Minister Narendra Modi at considerable political risk. Freeing up farming markets may be as significant as dismantling industrial licenses in 1991. However, if the state's protection withers away only to reveal a few large capitalists as the new overlords, there will be chaos and misery rather than progress ...

Opinion: India Should Choose: Toyota or Pakora?

Opinion: India Should Choose: Toyota or Pakora?

Andy Mukherjee, Bloomberg Opinion | Monday September 21, 2020

Six years of headline management should have been enough for Prime Minister Modi's government. From justifying its bizarre overnight ban on most banknotes in 2016 to defending suspiciously cheerful gross domestic product data.

Opinion: Mukesh Ambani's $2 Chutzpah Unlocks Another Fortune

Opinion: Mukesh Ambani's $2 Chutzpah Unlocks Another Fortune

Andy Mukherjee | Bloomberg | Monday September 14, 2020

Covid-19 has been a shot in the arm for Reliance, despite retail Ebitda of only $145 million in the June quarter, a 47 per cent drop from last year.

Opinion: Adani Joins Ambani In Attempting Full-On Dominance

Opinion: Adani Joins Ambani In Attempting Full-On Dominance

Andy Mukherjee | Bloomberg | Tuesday August 25, 2020

The concentration of economic power in aviation infrastructure is now symptomatic of a broader trend in India, particularly in businesses where the government supplies a key ingredient.

Opinion: Reliance Makeover Is Being Carefully Watched

Opinion: Reliance Makeover Is Being Carefully Watched

Andy Mukherjee | Bloomberg | Friday July 31, 2020

From entertainment, education and healthcare to 5G for self-driving cars, Jio hopes to collect tiny sums from roughly 400 million subscribers of its core wireless service.

Opinion: There's No Half-Rescuing A Zombie. Ask Yes Bank

Opinion: There's No Half-Rescuing A Zombie. Ask Yes Bank

Andy Mukherjee, Bloomberg Opinion | Wednesday July 29, 2020

The shock of the coronavirus lockdown on economic activity could leave several Indian lenders short of capital - just as Yes was in March.

Opinion: Banks Play Risky Game As Covid Loan Truce Ends

Opinion: Banks Play Risky Game As Covid Loan Truce Ends

Andy Mukherjee | Bloomberg | Friday July 24, 2020

Valuations are sliding, and if policy makers have a plan for rescuing this vital industry, they're keeping it close to their chests.