The result is a system where ordinary Indians are relegated to the margins, while corporations operate with impunity, leaving little room for equitable dialogue or genuine public accountability.
There is a difference between protecting an investor from unscrupulous external action, and protecting them from themselves. The former is necessary, but the latter should be avoided.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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