As one comment on the blog pointed out wisely: "one must try to cure the person when he is alive and not after he is dead."
06 September 2008
5% cap on stock exchanges sought to be enhanced
SEBI has put out a discussion paper, seeking public comments, to permit increase of one person's stake in a recognised stock exchange from a 5% cap to 15% cap, so long it is one of the specified institutional investors. While it is a step in the right direction, the quantum of the reform is grossly inadequate to revive the fortunes of the Bombay Stock Exchange. See my previous posts on the issue on 9 Aug , 10 Aug and 26 Aug.
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1 comment:
the perspective is in right direction. However,concept of demutualisation shall continue to find its true spirit.
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