Games companies play: Never be-sahara

This group is a strange entity—high profile and shadowy

Sahara India Financial Corporation’s (SIFC) front-page ad about its plan to prepay a huge Rs73,000 crore, four years before a Reserve Bank of India (RBI) mandated wind-up, had financial intermediaries sniggering and regulators red-faced. As a pink paper said, Rs73,000 crore amounts to 1% of India’s GDP (gross domestic product). If the...

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