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Here are the product details for "The Meltdown: India Inc's Biggest Implosions" by Dev Chatterjee with Sudha Pai Chatterjee:
- ISBN: 9789389967166
- Author: Dev Chatterjee with Sudha Pai Chatterjee
- Genre: Analysis & Strategy
- Publication: Rupa
- Format: Hardback
- Pages: 186 pages
- Language: English
This book offers a behind-the-scenes look at the dramatic collapse of some of India's largest corporate entities. It delves into the reasons behind the non-payment of loans worth over Rs 9 lakh crore to banks by companies like Reliance Communications, Videocon, IL&FS, and Essar Steel, among others. The authors investigate how funds were illegally diverted from bankrupt firms and why auditors and bankers seemingly ignored the warning signs. The book also explores whether there were any hidden agendas at play in top corporate houses that failed to repay massive sums to banks, ultimately leading to a deep economic crisis. The authors analyze the aftermath of these corporate failures, including the impact on small investors and the loss of jobs for thousands of people. It aims to provide insights into what went wrong and the lessons to be learned from India Inc's biggest implosion.
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