Favors for India’s national champions curb competition and investment

Favors for India's national champions curb competition and investment Favors for India's national champions curb competition and investment

Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies. She was previously a managing director at investment company BlackRock.

Nowhere, perhaps, is the line between being a national champion and a crony capitalist as thin as it is in India today.