OPINION

Opinion: The Contrasting Telecom Fortunes Of Mukesh And Anil Ambani

Opinion: The Contrasting Telecom Fortunes Of Mukesh And Anil Ambani

Andy Mukherjee, Bloomberg Gadfly | Tuesday November 21, 2017

Mukesh Ambani, India's richest man, sold 10-year dollar notes at just 130 basis points over U.S. Treasuries on Monday. None of the existing debt of Indian nonfinancial issuers, including state-owned firms, was raised this cheaply, according to Bloomberg News reporters Carrie Hong and Neha D'silva.

Opinion: After Moody's Rating, Can PM Modi Take Victory Lap?

Opinion: After Moody's Rating, Can PM Modi Take Victory Lap?

Mihir Sharma, Bloomberg | Monday November 20, 2017

Moody's decision on Friday to raise its rating of India's sovereign bonds a notch, from Baa3 to Baa2, could elicit one of two reactions. On the one hand, a fair observer could feel that that the decision was way overdue. And, on the other hand, an equally fair observer could raise an eyebrow at the timing. Actually, it's possible to feel both emotions simultaneously -...

Opinion: Mukesh Ambani's Softly, Softly Online Plan May Outsmart Amazon

Opinion: Mukesh Ambani's Softly, Softly Online Plan May Outsmart Amazon

Andy Mukherjee, Bloomberg Gadfly | Friday November 17, 2017

The $200 billion e-commerce market Morgan Stanley is forecasting for India by 2027 just got a new contender -- with a very different plan.

Opinion: India's Money Helicopter Flew Wrong Way With Cash Ban

Opinion: India's Money Helicopter Flew Wrong Way With Cash Ban

Andy Mukherjee, Bloomberg Gadfly | Wednesday November 08, 2017

In the annals of economic experimentation, India's cash ban will stand out. Not because it was ill-advised, poorly executed or unsuccessful in achieving its original aims. Prime Minister Narendra Modi's move to outlaw 86 percent of his country's currency a year ago today was all those things. What made it remarkable, though, was the way it flew against the zeitgeist.

Opinion: US Stands With Qatar's Foes, And Sells Arms To Qatar

Opinion: US Stands With Qatar's Foes, And Sells Arms To Qatar

Eli Lake, Bloomberg | Saturday June 17, 2017

You would be forgiven for thinking the U.S. backs Saudi Arabia and the United Arab Emirates in their current standoff against Qatar. President Donald Trump himself has taken the Saudis' line against their fellow Gulf monarchy, tweeting last week that Arab leaders all pointed to Qatar as a serial financier of terrorism.

Opinion: Ambani's Next 100 Million Jio Customers Won't Be As Easy

Opinion: Ambani's Next 100 Million Jio Customers Won't Be As Easy

Andy Mukherjee, Bloomberg Gadfly | Thursday February 23, 2017

If Ambani can double the number of subscribers, and get at least $4 from each of them, investors who endured seven lean years will get a decent harvest.

Opinion: Indian IT Was On The Brink Even Before Trump's Shove

Opinion: Indian IT Was On The Brink Even Before Trump's Shove

Andy Mukherjee, Bloomberg Gadfly | Friday February 03, 2017

Infosys and TCS, historically among the top three visa sponsors, would either have to increase wages, or settle for a much reduced scale of business in their most important market.

Opinion: Opinion: Budget Must Address India's Reputation Problem

Opinion: Opinion: Budget Must Address India's Reputation Problem

Mihir Sharma, Bloomberg View | Monday January 30, 2017

The government's official estimate of 7.1 percent GDP growth this financial year (which began in April) is widely doubted and doesn't take into account the chaos wrought by demonetization.

Opinion: Patanjali Effect Is Huge. What Baba Ramdev Could Do To Grow Even More

Opinion: Patanjali Effect Is Huge. What Baba Ramdev Could Do To Grow Even More

Andy Mukherjee, Bloomberg Gadfly | Thursday January 19, 2017

This month, Patanjali won a two-notch credit rating upgrade from ICRA, the India affiliate of Moody's Investors Service. So far, the company has just $47 million in borrowings.

Opinion: What Urjit Patel Must Do To Save RBI's Dented Reputation

Opinion: What Urjit Patel Must Do To Save RBI's Dented Reputation

Mihir Sharma, Bloomberg View | Wednesday January 18, 2017

Building up, extending and preserving the RBI's autonomy has been a difficult and sometimes delicate task.

Opinion: Apple's India Setback On Tax Breaks Is Far From A Defeat

Opinion: Apple's India Setback On Tax Breaks Is Far From A Defeat

Tim Culpan, Bloomberg Gadfly | Wednesday January 04, 2017

Round one of the Apple-India tussle ended with victory for the visitor when officials announced a three-year grace period on that stipulation back in June.

Opinion: Pumped-Up Mukesh Ambani Is Ready To Pounce On Indian Rivals: Foreign Media

Opinion: Pumped-Up Mukesh Ambani Is Ready To Pounce On Indian Rivals: Foreign Media

Andy Mukherjee, Bloomberg Gadfly | Tuesday December 27, 2016

Ambani has all but completed massive investments in his petrochemicals empire, whose cash flows give him the firepower to promote and expand his new fourth-generation mobile service.

Opinion: India's War On Cash Needed A Very Different Approach: Foreign Media

Opinion: India's War On Cash Needed A Very Different Approach: Foreign Media

Andy Mukherjee, Bloomberg Gadfly | Tuesday December 20, 2016

Fewer than 10 percent of Indians have ever used any kind of non-cash payment instrument. Less than 3 percent of the value transacted in the year ending March 2014 used cards.

Opinion: Opinion: Modi Likely To Undertake Even Riskier Gambles Than Notes Ban

Opinion: Opinion: Modi Likely To Undertake Even Riskier Gambles Than Notes Ban

Pankaj Mishra, Bloomberg View | Wednesday November 30, 2016

Abruptly withdrawing more than 80 percent of the cash in circulation in India, Modi appears today a very different kind of revolutionary: the type that emerged in many non-Western countries in the previous century.

Opinion: There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media

Opinion: There's No Magic $45 Billion Behind India's Dry ATMs: Foreign Media

Andy Mukherjee, Bloomberg Gadfly | Tuesday November 15, 2016

The demonetization of India's existing stock of 500 and 1,000 rupee notes has spawned a number of such apocryphal tales, one of which is a $45 billion bonanza for the government.

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