That some people have access to many comforts and others don’t, is a fact within capitalist societies. Some people have supercars, yachts and private jets and others have to take public transport. Is that something that a billionaire like Elon Musk — with a net worth of nearly $176 billion on May 17, according to the latest Forbes data — would consider unfair? Would he disagree that work-from-home is a privilege earned by a section of the working class for the efforts that they put into picking up the skills for a job that they could deliver from, say, a beach in Maldives?

"I think, we really need to fix the judicial system which is consistent with a bankruptcy law because at the end of the day if banks lend money we must be able to recover the money," said Uday Kotak, the CEO of Kotak Mahindra Bank.

Under the new rules, the government has introduced provisions that grant it the authority to issue a no objection certificate (NOC) for the liquidation of a company. This NOC can be issued if it is recommended by both the registrar and the liquidator within a period of 30 days. Furthermore, the government reserves the right to issue an NOC within 15 days after the expiry of the initial 30-day period.

PVR-INOX Ltd has been created after the merger of two leading cinema brands PVR Ltd and INOX Leisure. The merger was effective from February 6, 2023.