The Indian equities indices opened with a massive gap down on Monday, owing to the ongoing Russia-Ukraine conflict.
Bhavik Koladiya, who worked as a consultant for BharatPe — the firm he founded — is alleged to have divided his stake in the company between the other two cofounders, Ashneer Grover and Shashvat Nakrani.
India would remain import-dependent for energy and weapons parts due to its inability to break free from global supply chains. Selective integration may be more effective if reciprocal dependency is established.