Opinion: Coronavirus Risks This Sector In India Worth Rs 2 Lakh Crore

Opinion: Coronavirus Risks This Sector In India Worth Rs 2 Lakh Crore

Andy Mukherjee | Bloomberg | Thursday March 19, 2020

Shutdowns will impair ability of gig-economy workers to repay loans of Rs 2.1 trillion, putting the world's largest microfinance industry at risk

Opinion: Messy Yes Bank Rescue May Be Costliest Own Goal Since Notes Ban

Opinion: Messy Yes Bank Rescue May Be Costliest Own Goal Since Notes Ban

Andy Mukherjee | Bloomberg | Monday March 09, 2020

Arm-twisting government-controlled State Bank of India to inject capital into failing Yes Bank Ltd. was the only option left for New Delhi.

Opinion: What's In Modi's Budget For Indians? Precious Little

Opinion: What's In Modi's Budget For Indians? Precious Little

Andy Mukherjee | Bloomberg | Monday February 03, 2020

The budget unveiled by Prime Minister Narendra Modi's government Saturday left virtually every domestic constituency unhappy. My interpretation? Luring overseas investors to high-yielding Indian assets amid a global coronavirus scare is the preferred strategy.

Opinion: PM Modi's Budget Won't Solve India's Economic Crisis

Opinion: PM Modi's Budget Won't Solve India's Economic Crisis

Andy Mukherjee | Bloomberg | Thursday January 30, 2020

Virtually every industry, from banking and auto to real estate, power and telecom is in disarray. The fiscal space available to fight the slowdown is limited.

Opinion: India's $21 Billion Telecom War Comes Down to $2

Opinion: India's $21 Billion Telecom War Comes Down to $2

Andy Mukherjee | Bloomberg | Wednesday January 22, 2020

Of the 15 firms facing long-contested demands, most have shut down, sold out or ended up insolvent. All eyes are now on Vodafone Idea.

Opinion: Mukesh Ambani Bigger Worry For Jeff Bezos Than Anti-Trust Probe

Opinion: Mukesh Ambani Bigger Worry For Jeff Bezos Than Anti-Trust Probe

Andy Mukherjee | Bloomberg | Friday January 17, 2020

Jeff Bezos is in India at an awkward moment. Just before his visit, the country's antitrust authority ordered a probe into the business practices of its two main American-owned shopping websites. One of them is his.

Opinion: India Must End Yes Bank's Theater Of The Absurd

Opinion: India Must End Yes Bank's Theater Of The Absurd

Andy Mukherjee | Bloomberg | Monday January 13, 2020

More loan losses lie around the corner. With 40 per cent of deposits coming from fickle wholesale sources, solvency and liquidity risks are high.

Opinion: Indian Economy, Worst In 42 Years, Needs An Honest Look

Opinion: Indian Economy, Worst In 42 Years, Needs An Honest Look

Andy Mukherjee | Bloomberg | Wednesday January 08, 2020

Consumer demand is in the doldrums and government spending - the only thing supporting growth - is bound to be pruned in the closing months of the fiscal year to avoid a budget blowout.

Opinion: Differences Between PM Modi, Manmohan Singh In Economic Reform

Opinion: Differences Between PM Modi, Manmohan Singh In Economic Reform

Andy Mukherjee | Bloomberg | Tuesday December 24, 2019

Hundreds of millions were lifted out of poverty; the 1990-91 crisis became the starting point of two decades of rising prosperity.

Opinion: $680 Million Question of What Anil Ambani Knew

Opinion: $680 Million Question of What Anil Ambani Knew

Andy Mukherjee | Bloomberg | Wednesday December 18, 2019

The $680 million is the amount Industrial & Commercial Bank of China Ltd. is seeking to recover from the former Indian billionaire by invoking what they say is a personal guarantee he gave in 2012 to secure a $925 million loan for Reliance Communications Ltd., his mobile services firm that's now in bankruptcy.

Opinion: Dewan Housing Will Be Test Case For "Haircut Salon" Approach

Opinion: Dewan Housing Will Be Test Case For "Haircut Salon" Approach

Andy Mukherjee, Bloomberg Opinion | Friday November 22, 2019

Nearly nine-tenths of DHFL's Rs 84,000 crore($12 billion) in borrowing is secured against assets.

Opinion: In Telecom Row, Government Could Be Making A Grave Mistake

Opinion: In Telecom Row, Government Could Be Making A Grave Mistake

Andy Mukherjee | Bloomberg | Wednesday November 13, 2019

The government should see the folly of effectively turning the telecom industry into a two-horse race between Reliance Jio Infocomm Ltd., controlled by Mukesh Ambani, the richest Indian, and Bharti Airtel Ltd., which, too, is staggering under a mountain of debt.

Opinion: Yes Bank, Cut The Loose Talk And Close This Rescue

Opinion: Yes Bank, Cut The Loose Talk And Close This Rescue

Andy Mukherjee | Bloomberg | Tuesday November 05, 2019

In early September, CEO Ravneet Gill told Reuters that Yes was in "fairly advanced level of talks" with a top global technology company for a stake sale.

Opinion: Infosys May Need Some Time In Rehab To Fix Itself

Opinion: Infosys May Need Some Time In Rehab To Fix Itself

Andy Mukherjee, Bloomberg Opinion | Tuesday October 22, 2019

After a period of rehabilitation, Infosys should be able to deliver all three targets: sales growth, margins and good governance. Some private time could be just what it needs to get fixed.

Opinion: Amazon, Walmart And Mukesh Ambani Will Help Save India's Banks

Opinion: Amazon, Walmart And Mukesh Ambani Will Help Save India's Banks

Andy Mukherjee | Bloomberg | Thursday October 10, 2019

To similarly make bite-sized finance sustainable, account aggregators are coming. They'll digitally record a consumer's transactions with various institutions and, with consent, share data with a lender.