Sep 30, 2020 MUMBAI: The US based private equity major Warbug Pincus will acquire about 30% stake in Home First Finance Company (HFFC), the Mumbai-based affordable housing finance company. Warburg will invest about Rs.800 crore in HFFC, said two people aware of the development. In this secondary round, existing investors True North Capital, and Bessemer Ventures will sell part of their stake […]
August 16, 2020 his is an extract from a piece of mine that appeared in The Indian Express on 25 November 2011: “When the Olympics were held in this country’s capital city, great care was taken to put on a show to impress foreign visitors. Dissidents were picked up and taken away from the city. Unwanted and […]
June 16, 2020 Police brutality and institutionalized racism are tragic problems that beset American society. At least, in the US, there is open discussion on the subject. Something that does not happen in China’s Xinjiang province, which used to be called East Turkestan in the not so distant past. The American problems, I am convinced, […]
Jan 25, 2020 Guha gets together a variety of people who in earlier days would never have met, but who can ‘meet’ in the age of blogs and social media. Fiction is very real for genuine fans. People form PG Wodehouse clubs or associations that refer to members as Baker Street Irregulars. Others go on […]
December 13, 2019 The Supreme Court’s Ayodhya judgment has been welcomed by a lot of people who can be described as detesters of the British Raj. And yet, oddly enough, the argument can be made that the judgment represents a vindication of the Indo-British encounter and a clear signal that we are members of what […]
Dec 11, 2019 Consider this story: X is a Sindhi Hindu shopkeeper in a small town in Sindh. He has a family. He is worried. He wants to “leave” the country of his birth and migrate to India. If he were a Syrian or a Mauritanian or a Libyan, the Leftists of the World would […]
Nov 16, 2019 Bengaluru: Real estate developer VBHC Value Homes plans to enter into a strategic alliance with landowners and small builders to fuel its growth plans, marking a departure from its earlier practice of mostly buying large land parcels and developing mid-income projects. Under the new business model the firm has signed four joint […]
Nov 08, 2019 Excerpted from ‘The Indian Conservative : A History of Indian Right-Wing Thought’, By Jaithirth Rao with permission from Juggernaut. In the early years after 1947, the conservative elements in the cabinet were able to recruit that archanti-conservative Jawaharlal Nehru to their side in the determined effort to crush a communist insurrection in […]
November 08 , 2019 History overtook intellectual fashions. The Berlin Wall fell, the Soviet Union collapsed and India was faced with multiple crises characterized by high inflation, low growth, dwindling foreign trade and an impossible balance of payments situation. Willy-nilly, India adopted some aspects of so-called neo-liberalism – lower tariffs, fiscal discipline, elimination of an […]
August 20, 2019 Recent events in Jammu, Kashmir and Ladakh have forced us all to revisit the tenets of national or sub-national self-determination. In 1919, American President Woodrow Wilson articulated the rosy liberal vision of self-determination for national, sub-national, ethnic, linguistic, religious and racial groups. Conservatives, who were concerned with empirical, on-ground realities, rather than […]