Tuesday 20 March 2018

View: Indian billionaires behaving badly can be a force for good


Kumar Mangalam Birla just treated India's new bankruptcy law with utter disdain. But before you dismiss this as yet another instance of a billionaire behaving badly, think of the huge favor he's doing the legal system. Normally, Birla's $1.1 billion offer to Binani Industries Ltd. for its 98.

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