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Articles by: C R Sridhar

The Mauritius Connection: Big Businesses,Governments & Illicit Finance

The Mauritius Connection: Big Businesses,Governments & Illicit Finance

“The difference between tax avoidance and tax evasion is the thickness of a prison wall.”Denis Healey, former UK Chancellor of the Exchequer Public perception of wealthy Indian Business Oligarchs as being notorious tax dodgers stashing their ill gotten money in tax havens gained ground with the sensational disclosures called the Swiss leaks.  In a drama which unfolded with the nail[Read More…]

Delusions of the Dwindling Indian Middle Class

Delusions of the Dwindling Indian Middle Class

We of the sinking middle class may sink without further struggles into the working class where we belong, and probably when we get there it will not be so dreadful as we feared, for, after all, we have nothing to lose-George Orwell   Writing in the Globe and Mail the Delhi based journalist Amrit Dhillon paints a despairingly gloomy picture[Read More…]

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ESOPs Fables :Infosys Stock Buyback Bonanza

ESOPs Fables :Infosys Stock Buyback Bonanza

“Our society has become so unequal. The wealthy need to be taxed more” -Rohini Nilekani In an information saturated age such as ours corporate spin is sine qua non of business reporting where the narrative is controlled by the few to the detriment of the many. None is more evident than in the dominant narrative leading to the resignation of[Read More…]

Modi’s War On Cash: The “Ice Nine” Solution

Modi’s War On Cash: The “Ice Nine” Solution

               “This war has been in full swing in Europe and the U.S. for a long time. Governments plan to use negative interest rates, confiscatory taxes and other techniques to rob savers of their wealth. In order to do this, they have to force savings into digital accounts at large government-controlled banks.As long as[Read More…]

Demonetisation Shock Therapy: State Sponsored Financial Repression

Demonetisation Shock Therapy: State Sponsored Financial Repression

“If You Can’t Dazzle Them With Brilliance, Baffle Them With Bull.” WC Fields “You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things you think you could not do before.”-Rahm Emanuel,Former White House Chief of Staff in the Obama administration. Naomi Klein in her bestselling book ‘The Shock[Read More…]