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From animal spirits to billionaire squabbles: what’s going on at the top of India’s industrial empires?

India's corporate landscape is plagued by intensifying feuds and controversies among major groups like Tata, Ambani, Adani, and Zee. High-profile departures, governance concerns, cyberattacks, and public accusations of media manipulation are rife. The author asserts that India's business leaders are squabbling over existing assets and state contracts rather than fostering innovation or pushing technological frontiers. This short-sighted focus on immediate profits, coupled with negligible R&D, hinders job creation despite economic growth, reflecting a concerning broader malaise within the corporate class.

LiveMint · mint · Sep 4, 2026 at 9:56 AM

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