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‘Zombie’ power plants: A financial time-bomb that may torpedo Indian banks

The most intractable bad loans, the ones the bad bank is meant to deal with, are concentrated in one sector: power Government seems intent on abandoning good ideas for dealing with the country’s banking crisis and encouraging bad ones. Perhaps that shouldn’t be surprising, given that the bureaucrats don’t yet seem to have grappled with […]

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business -EQ