Understanding External Commercial Borrowings (ECBs) External Commercial Borrowings (ECBs) are loans that Indian entities secure from foreign lenders under prescribed conditions. These loans can take various forms, including bank loans, buyers’ credit, suppliers’ credit, or securitized instruments, and may be…
Introduction As India’s financial capital, Mumbai is a bustling metropolis filled with skyscrapers and vibrant commercial spaces. Among these, office spaces near malls have become particularly valuable due to their prime locations and convenient access to amenities. However, with the…
The Latest in the Adani Saga The Adani Group has found itself in the global spotlight yet again, this time under fire from the U.S. government. The conglomerate has been charged under the Foreign Corrupt Practices Act (FCPA) for allegedly…
In 2013, the then Maharashtra State Information Commissioner, Shri Ratnakar Gaikwad, issued a controversial circular that drew sharp criticism for its restrictive approach toward transparency in real estate projects. The circular, dated 26 September 2013, invoked powers under Sections 19(8)(c)…
A massive fire broke out at Veekay Chemical Company in MIDC Badlapur, Thane district, on January 18, 2024. This incident adds to India’s troubling record of chemical factory accidents. The National Disaster Management Authority (NDMA) reports over 130 major chemical…
Defection, at its core, signifies rebellion—a departure from one allegiance to embrace another. In politics, it often manifests as party members abandoning their affiliations to align with rival entities, a practice historically referred to as “floor crossing.” This term originates…