In today’s Finshots, we explain how the Essel Group’s financial crisis unfolded and why the insolvency case involving its promoter has sparked a major legal debate among Indian lenders.
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The Story
There was a time when evenings in many Indian households followed a predictable routine. Dinner would be served just before prime time, the TV remote would mysteriously disappear into the hands of our parents or grandparents, and they would tune in to Zee TV to watch Sa Re…