IL&FS: Has PM Modi Unwittingly Helped Cronies And Punished Investors?
Narendra Modi, India’s prime minister, ahead of his keynote address during the Shangri-La Dialogue Asia Security Summit in Singapore, on June 1, 2018. (Photographer: Paul Miller/Bloomberg)

IL&FS: Has PM Modi Unwittingly Helped Cronies And Punished Investors?

BloombergQuintOpinion
Cash. Every entrepreneur knows it’s like oxygen. If you asphyxiate a running operation of cash, even the most valuable asset rapidly depletes in value and becomes junk.
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