The telecom war between Reliance Jio and Airtel was only a preamble to the impending battle between Google and Jio. Nitish Kumar broke the mahagathbandhan while seeming to try to bend RJD to his will. All the schmoozing between Trump and Xi hasn’t reduced the North Korean nuclear threat. Could we have predicted these outcomes before they actually happened?  Yes we could have—not with IQ or EQ, but with ‘Game Theoretic Quotient’. A new intelligence, a new way of looking at the world. Game Sutra highlights the underlying strategic considerations of entities as diverse as heads of state, bitcoin miners and CEOs of internet companies to explain their decisive choices. Immerse yourself in its heady mix of cogent fact and smart analysis to develop your ‘game theoretic quotient’. Your world will never be the same again.

Risks Posed by the Insolvency and Bankruptcy Code

Risks posed by the insolvency and bankruptcy code

For the past several years, bank lending to the private sector in India has been hobbled by a large and growing volume of non-performing assets (NPAs). The Insolvency and Bankruptcy Code (IBC), 2016, seeks to ameliorate the distress of lenders—secured and unsecured financial creditors—by a transparent, time bound and efficient process for the resolution of NPAs. It is critical that the IBC protects the salubriousness of the future business environment by protecting the interests of operational creditors as well. The Rubinstein alternating offers model of bargaining is used to estimate a fair division between financial and operational creditors.47

In 1997, during the Asian financial crisis, the Thai baht went into ...

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