The recent erosion of investor confidence in India that is doing the rounds in corporate circles is due to a variety of self-defeating strategies that have been adopted by the government. Here is a look at one of government’s such decisions that has got the international community sit up and take notice.
Whenever I hear that some politician reached late to some destination because he/she was stuck in a traffic jam, it strangely makes me happy. The recent news of our Union Finance Minister Pranab Mukherjee getting an unsolicited telemarketing call in the middle of a very serious high-level meeting, made me ecstatic!
Those who follow the developments on the stock market would agree that not every stock price movement is linked to the fundamentals of a company. There are many other factors like global and domestic economic and political developments, private agreements, third party assessments, and above all, market sentiment that affect the stock price movements. It is these factors that are a trader's delight.
The role of Independent Directors on the Board of a company is under scrutiny once again after the Bhopal gas tragedy verdict. The magnitude of the disaster is such that extreme emotional reactions are justified. But, companies cannot run on such emotional reactions alone. One has to take a logical and rational view of every incident.