After the PNB-Nirav Modi scandal, there was an outburst of commentary calling for privatisation of public sector banks. It is far more complicated than that.
Compulsion magnifies the risk of function creep. Future updates could quietly expand the app’s capabilities or enable background telemetry far beyond users’ expectations.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
What else do we expect? We have a government that is obsessed with controlling the fiscal deficit and uses the public sector to declare dividends or buy back stock – when they should be investing for growth. Even a first year MBA student knows that growth is the biggest driver of value – stock prices.
Not to worry RIL share sky rated from around 950 level to over 1300 during Modi regime.
What else do we expect? We have a government that is obsessed with controlling the fiscal deficit and uses the public sector to declare dividends or buy back stock – when they should be investing for growth. Even a first year MBA student knows that growth is the biggest driver of value – stock prices.