Diseño de la portada del título The Meltdown

The Meltdown

India Inc's Biggest Implosions

Muestra

Escúchalo ahora gratis con tu suscripción a Audible

Prueba gratis durante 30 días
Después de los 30 días, 9,99 €/mes. Cancela cuando quieras
Disfruta de forma ilimitada de este título y de una colección con 90.000 más.
Escucha cuando y donde quieras, incluso sin conexión
Sin compromiso. Cancela gratis cuando quieras.

The Meltdown

De: Dev Chatterjee, Sudha Pai Chatterjee
Narrado por: Rajiv Dadia
Prueba gratis durante 30 días

Después de los 30 días, 9,99 €/mes. Cancela cuando quieras.

Compra ahora por 17,99 €

Compra ahora por 17,99 €

Confirma la compra
Paga utilizando la tarjeta terminada en
Al confirmar tu compra, aceptas las Condiciones de Uso de Audible y nos autorizas a realizar el cobro mediante los métodos de pago por ti designados. Por favor revisa nuestra Política de Privacidad, Política de cookies y Aviso sobre anuncios basados en intereses
Cancelar

Acerca de este título

This is a behind-the-scenes look at the spectacular collapse of some of the biggest names in India Inc. The book reveals the real reasons behind the non-payment of loans of over Rs nine lakh crore to the banks by behemoths like Reliance Communications, Videocon, IL&FS and Essay Steel, among others. The authors analyze how funds were illegally diverted from some of the bankrupt companies and why auditors as well as bankers went into sleep mode. Even more baffling was the fact that a few bankers loaned thousands of crores of rupees to these companies based on nothing but project reports by investment bankers hired by the company promoters. And, most shocking of all, some bankers kept giving fresh loans to firms that had been defaulting on their payments. The authors investigate whether sinister machinations took place at the top corporate houses that failed to repay trillions of rupees to Banks. How did some promoters manage to survive the NPA choke, while other promoters were either jailed or fled India?

These corporate failures have plunged the entire economy into deep crisis. The aftermath of the meltdown did not even spare the small investors who were deceived by the much-vaunted credit-rating agencies that kept giving the best ratings to companies that were almost bankrupt. The most devastating impact, however, was that thousands of people lost their jobs overnight when these companies shut their operations. The authors analyse what went wrong and the lessons we can learn from India Inc’s biggest implosion.

©2020 Dev Chatterjee and Sudha Pai Chatterjee (P)2020 Audible, Inc.
Asia Economía

Lo que los oyentes dicen sobre The Meltdown

Valoración media de los usuarios. Solo los usuarios que hayan escuchado el título pueden escribir reseñas.

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.