RBI's report flags deep-rooted problem: India Inc’s profligacy
What does this list stand for? Reliance ADA Group, Vedanta Resources, Essar Group, Adani Group, Jaypee Group, JSW Group, GMR Group, Lanco Group, Videocon Group and GVK Group. A list of India’s biggest, most successful, corporates? Going by the size of their balance-sheets, their market share in the sectors they operate in, the value of their stock in the markets, the kind of access they enjoy in the corridors of power and the clout they wield...
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