In which the Banking Correspondent Auctions finally go below the psychological zero percent margin mark…

for a while now, i have been reporting on the never-ending happiness that is the finance ministry’s “one cluster, one BC” model — essentially, to split india into 20 clusters and then to have one common banking correspondent company for all public sector banks operating in each cluster. this company would then be the only […]

the five habits of successful coal block allottees (that manage to pip more eligible companies to coal blocks)

today’s ET carried a story which tries to answer one of the many puzzling questions thrown up by the coal scam — how did small, obscure companies like Jas Infrastructure or Vini Steel & Power bag a coal block where larger, more established ones failed? a part of the answer lies in, yes, the screening […]

On why the institutional action being taken to clean up coal is necessary but not sufficient

On Tuesday, ET carried a small update on how the institutional response to coal-gate was shaping up. That article ended by concluding it will take more than these responses to clean up the suppurating mess in the indian coal sector. A story by my brilliant friend/colleague Avinash Celestine and me in today’s ET Magazine elaborates […]