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Business Headlines: Why did Rajan warn the government?

The proposal to begin overseas borrowings via issuing bonds has come under severe criticism from various quarters including from former RBI Governor and esteemed economist Dr. Raghuram Rajan, who was quoted as saying that this plan comes with several risks, but no real benefit. Wipro, India’s fourth largest software services firm announced a major reshuffle in its top management last month. This reshuffle will see its founder and executive chairman Azim Premji step down and hand over the reins of power to his son Rishad Premji. #RaghuramRajan #Wipro #AzimPremji

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