According to the new concept, financiers pay legal fees and other costs of commercial lawsuits, arbitration or shareholder disputes, and in return, get a share of the award from a settlement or a win.
On the occasion of PM PV Narasimha Rao’s centenary year which began on June 28, it is time to look at his legacy. It was 29 years ago that he abolished the license raj and initiated economic reforms with a human face. An insider account of those heady days by Rao’s information adviser, S Narendra