Tag: Adani
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Coal India chooses energy-intensive manufacturing; Adani and NTPC chase vertical integration.
For a long while now, from the time #DespiteTheState went to the presses, I have been chasing a story on coal. You know the score. India’s coal sector is behaving in discontinuous ways — Coalblock auctions find few bidders; Coal India mulls diversification into Aluminium smelting and solar ingot/panel manufacturing; power producers like NTPC and […]
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“Campaigns are more effective when they are joined up” An interview with author Quentin Beresford
In 2015, Australian professor of politics Quentin Beresford published his book on Gunns Ltd- the biggest logging firm in Tasmania. The company was engulfed in snowballing controversy after announcing plans for a pulp mill that threatened native forests. It was a familiar script. Supporting the project, state politicians had dismissed concerns from local scientific bodies. […]
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On the mechanics of Gautam Adani’s extraordinary expansion across India
For a long while now — ever since my colleagues at Economic Times and I profiled Gautam Adani in 2013 — some of my friends and I have been wondering how the Adani Group funds its growth. Is there a mismatch between the quantum of its balance sheet and the quantum of its investments? That […]
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More on the asymmetry that rules India’s business insolvency process
Since October last year, Scroll has been (intermittently) reporting on how India’s insolvency proceedings are coming along. Cumulatively, these reports flag a couple of peculiar patterns. A lot of companies are up for sale — In a country with 7500 companies with a topline over Rs 250 crore, 2511 companies are slated for insolvency proceedings. […]
Fractured/Earth 