Top 5 large conglomerate must be dismantled Subject :Economy Section :Msc Context: Former Deputy Governor of Reserve Bank of India Viral Acharya has suggested that the top five Indian conglomerates, including Mukesh Ambani­backed Reliance group, Tata Group, Aditya Birla Group, Adani Group, and Bharti Telecom be dismantled as their market dominance could be responsible for keeping core inflation persistently at a high level What is crony capitalism? Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited […]