Month: October 2016

Reliance ADAG – In the Middle of Business Realignment..

Reliance Communication is in the middle of a business portfolio realignment with agreement to sell majority stake in its towers business. This, along with its earlier decision to form a JV with Aircel, are geared towards reducing its debt burden. However, the company is giving up major controlling stake in the businesses and may make the …

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Rosneft-Essar Deal – A New Beginning For Indian Refining Industry..

The buyout of Essar Oil (98% stake) by Rosneft and its partners at a total value of nearly $ 13 bn is a landmark deal which opens up a whole new market for the buyer. The Essar refinery and its retails outlets would become the first to be run by foreign operators and can change the …

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Economics Nobel Prize – Understanding 'Contract Theory'..

The award of Nobel Prize to Oliver Hart and Bengt Holmstrom for economic science brings to light the concept of ‘Contract Theory’, hardly heard so far, let alone be understood..! As per the survey by the institution awarding the prize, 56% of the people did not know about ‘contract theory’. A brief attempt to understand …

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