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Editor's note
The $16-billion Gamble

Sixteen billion US dollars is a lot of money to pay to take control of an Indian company.

 
 
The B-school universe in India is very big - there are well over 300 institutes offering MBA degrees or PGDBM. But there is a strict pecking order among them.
When Ratan Tata picked up Jaguar and Land Rover from Ford, he was on an acquisition spree.
Hindustan Unilever can trace its history in India back to the late 19th century.
The US-based retail giant Walmart is paying $16 billion to take a 77 per cent stake in Indian online retailer Flipkart.
 
 
The bad loan problem for Indian banks has defied solutions despite multiple efforts by the government and the Reserve Bank of India (RBI) over the years.
The Goods and Services Tax (GST) has just completed a year, and it has been an eventful journey.
Editor's note by Prosenjit Datta