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Financialisation and its discontents

What is it about the world of finance and capital, that the intermediary agent is more valuable and powerful than the principals?

Praveen Chakravarty 

Praveen Chakravarty

Amazon recently acquired a large office in the HITEC City office campus in Hyderabad. It is very likely that you have heard of Amazon, the world’s largest e-commerce company. HITEC City is a project developed by Larsen & Toubro (L&T).

It is very likely that you know of L&T too, the business conglomerate that also develops commercial real estate. This transaction between Amazon and L&T was brokered by Colliers International. It is perhaps unlikely that you have ever heard of Colliers International, a real estate agent. Amazon and L&T are real businesses that contribute to the ...

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First Published: Thu, November 28 2019. 02:40 IST
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