Jacksonville Indian Community - JacksonvilleIndian.com
| | |


Opinion/Commentary News and Articles

Human Interest/Society
South Asia
State Elections 2013
Tamil Nadu
Other Sports
Southern Cinema
West Bengal
United Kingdom
Jammu And Kashmir
Himachal Pradesh
New Delhi
United States
United Arab Emirates
Russian Federation
Andhra Pradesh
Syrian Arab Republic
Uttar Pradesh
Sri Lanka
New Zealand
South Africa
Libyan Arab Jamahiriya
South Korea
Hong Kong
Central African Republic
North Korea
Madhya Pradesh
Costa Rica
Saudi Arabia
Holy See (vatican City State)
Province Of China
Lao Peoples Democratic Republic
Puerto Rico
The Democratic Republic Of The
Serbia And Montenegro
Arunachal Pradesh
Viet Nam
US Elections
Czech Republic
2016 In Retrospect
Burkina Faso

Celebrity Photos
Daler Mehndi
Aditi Govitrikar
Sangeeta Bijlani
Vineet Kumar Singh
Sherlyn Chopra
Sameksha Singh
Dimple Kapadia
Reem Shaikh
Natasha Dalal
Kiara Advani
Preity Zinta misses ski trips amid 'crazy' Dubai heat
Dubai, Sep 26 (IANS) Actress Preity Zinta is in Dubai for the ongoing Indian Premier League, and the high temperature of the place makes her miss her ski trips.
Category: International, United Arab Emirates,Cinema/Showbiz,Opinion/Commentary,Lifestyle/Fashion,Bollywood
Terrorism and proxy wars in South Asia (Comment)
Let me begin by saying that even after 30 years there's no guarantee as yet of a durable ceasefire in the civil war in Afghanistan.
Category: India, Delhi,National,Opinion/Commentary
The 'six inches' that make the difference (Column: Close-in)
The Indian Premier League (IPL) has had a wonderful start. This was just the entertainment for the bored and isolated Indians locked down in their homes for the last few months due to the Covid-19 pandemic. An evening of a 'live' episode of cricket drama saw 20 crore viewers watching the opening match of the tournament. This number will escalate as the people following the games get more information and a better insight into the teams and players involved.
Category: India, New Delhi,Sports,Cricket,Opinion/Commentary
Muslim education in India: Need for private and public sector investment (Comment)
Eminent columnist Swaminathan A. Aiyar called upon Wakf boards and wealthy Muslims to finance the development of "a string of world-class education institutions" that would attract foreign students and Indian Hindus as well. His article was written in response to Member of Parliament Asaduddin Owaisi's recommendation for "government scholarships for all" to deal with the "literacy and attendance gaps" of Muslims and other communities.
Category: International, Brazil,National,Opinion/Commentary
A new bright picture of Saudi Arabia (On the occasion of 90th National Day of Kingdom of Saudi Arabia)
This September 23 marks the 90th anniversary of the unification of the Kingdom of Saudi Arabia by the founder King Abdul Aziz bin Abdul Rahman Al Saud. Nine decades of continued growth and nation building transformed the kingdom into a global economic power and regional anchor of stability. Today, Saudi Arabia continues its illustrious path of progress under the leadership of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Deputy Prime Minister and Minister of Defence.
Category: India, New Delhi,National,Diplomacy,Opinion/Commentary,Politics
Focus to shift to Primary market (Market Watch)
The week gone by had plenty of action and was volatile. While the benchmark indices were just about flat, BSEHEALTHCARE and BSEIT gained significant ground and helped the benchmark indices. Similarly post the SEBI announcement on multi-cap funds being directed to match the allocation of stocks based on their definition of large cap, midcap and Smallcap at 25 per cent each as a threshold level, we saw BSEMIDCAP and BSESMALLCAP indices gain substantially.
Category: India, Andhra Pradesh,National,Opinion/Commentary
Antecedents of anti Muslim bias in media including Sudarshan TV (Comment)
There have been many but let me cite just two reactions from the family to Justices D.Y. Chandrachud, Indu Malhotra and K.M. Joseph's utterances restraining Sudarshan TV from telecasting its 'UPSC Jihad' show. A relative mailed a couplet comprehensive in its simplicity:
Category: India, Uttar Pradesh,National,Opinion/Commentary
India at the hairpin bend (Comment)
Covid-19 caught the world off-guard. It is embarrassing. It is embarrassing that the economic distress is more acute in India than in the rest of the world, especially when India was projected by many as the emerging star. Published data indicates that GDP contracted by 23.9 per cent during the previous quarter, businesses have had to shut down, jobs are vanishing, incomes are stressed and with unfriendly taxation structures the expansion plans and investments by most businesses are on hold.
Category: India, New Delhi,National,Opinion/Commentary
Chinese imperialism poses incurable threat to the world
Two viruses have taken over the world. One, a minuscule creature called Covid-19, has killed more than 8,00,000 people around the globe, but is slowing down and will most likely be eliminated in the coming months. Vaccines have already been developed against it and once inoculated, citizens of the world can expect to go on with their normal lives. However, it is the second virus, that of Chinese imperialism, which poses a long term and a much more potent and incurable threat to the world at large.
Category: India, Maharashtra,National,Opinion/Commentary
The Indian cricket pantomime ready to explode (Column: Close-in)
The entertainment that every Indian cricket lover is so anxiously waiting -- the Indian Premier League (IPL) 2020 -- is about to start. The first match between the two top teams of the tournament will take place on Saturday at the Sheikh Zayed Stadium in Abu Dhabi. Reigning champions Mumbai Indians (MI), led by Rohit Sharma, will lock horns with last year's runners-up Chennai Super Kings (CSK), captained by the man who recently announced retirement from international cricket, Mahendra Singh Dhoni.
Category: India, Delhi,Sports,Cricket,Opinion/Commentary
Duplicitous dragon at the door (Opinion)
More than four months have gone by since the PLA upped the ante on the borders with India resulting in an eyeball-to-eyeball confrontation. The confrontation has also been unprecedented with the largest loss of lives since the Nathu La confrontation of 1967 with 17 Div of Maj Gen Sagat Singh. The clash at PP 14 in the Galwan area resulted in the loss of Colonel Santosh Babu, the CO of 16 Bihar and 19 other ranks on the night of 15/16 June 2020 in a most barbaric and treacherous attack by the PLA despite the consensus on disengagement reached in the Corps level talks on June 6.
Category: India, Maharashtra,National,Opinion/Commentary
100-year-old Assam woman beats Covid-19
Guwahati, Sep 16 (IANS) A 100-year-old woman has been discharged from a hospital here after recovering from Covid-19 on Wednesday, officials said.
Category: India, Assam,National,Opinion/Commentary,Health/Medicine
Single stock rallying markets, unnerving ? Time to be cautious (Market Watch)
The week gone by saw markets jump sharply on Thursday and the gains registered on that day were enough to keep indices in positive territory. BSESENSEX gained 497.37 points or 1.30 per cent to close at 38.854.55 points while NIFTY gained 130.60 points or 1.15 per cent to close at 11,464.45 points. The broader markets saw BSE100, BSE200 and BSE500 gain 1.07 per cent, 0.91 per cent and 0.77 per cent respectively. BSEMIDCAP lost 1.06 per cent while BSESMALLCAP was down 0.31 per cent.
Category: India, New Delhi,National,Opinion/Commentary
Politics by blackmail: Eulalie syndrome in Indian public life (Comment)
If the Gandhi trio stirred themselves into action as a serious opposition, is there a possibility that they would end up in jail? If they were spared despite this affront, it would imply that the Modi outfit has come to the conclusion that the Gandhis are now totally harmless.
Category: India, Delhi,National,Opinion/Commentary
Harnessing strategic ties with Dhaka (Comment)
Foreign minister S. Jaishankar has recently written a book on India's position on the implementation of foreign policy. The book was virtually launched last Thursday in Delhi at a function organised by the Observer Research Foundation. Jaishankar had written the book after retiring as Foreign Secretary. At the time, he had no idea that he would become the Foreign Minister. Although the Prime Minister had permitted the publication of this book, it can be assumed that as a Minister he has consciously avoided what is inappropriate to say. Indian news media thinks that he failed to explicitly mention a lot about China in the manner that former foreign secretaries and former ambassadors can. Even though there isn't any confession regarding China, he has indeed said that it is essential to strengthen India's friendship with Bangladesh and the bond with the sovereign state.
Category: India, New Delhi,National,Opinion/Commentary
To retire or not: Ours not to reason why, ours but to do & die (Column: Close-in)
Retirement finally hits one in all occupations. The world is getting younger and so should the elders if they want to survive the progressive world that is flashing fast before them. Modern technology is progressing at a pace that requires the young and the old to keep themselves abreast. The young ones are striving hard to make a life whereas the old are becoming fitter and mentally sharper to keep alive. Their bodies may be aging but their minds are exploding with the wealth of knowledge that they can access with just one click of the finger.
Category: India, Maharashtra,Sports,Cricket,Opinion/Commentary
Last week's reversal puts markets under pressure (Market Watch)
Markets were on a roller coaster ride last week and the optimism and bullishness of the previous week just vanished. We had what could be called a reversal of sorts on Monday where markets first gained and then lost significant ground. To add to the losses, Friday was another bad day. The week saw BSESENSEX lose 1,130.13 points or 2.81 per cent to close at 38,357.18 points while NIFTY lost 313.75 points or 2.69 per cent to close at 11,333.85 points. The broader markets saw BSE100, BSE200 and BSE500 lose 2.77 per cent, 2.64 per cent and 2.69 per cent respectively. The previous week's top sectoral gainer was the top loser this week. BSEBANKEX lost 6.30 per cent and Axis Bank was down 10.67 per cent.
Category: India, New Delhi,National,Opinion/Commentary
The ogres in the mind (Comment)
A priceless gift from a friend in Kerala, a Namboodiri to boot, is a film to augment my collection which has sustained my personal film festival to beat the unintelligible lockdown.
Category: India, New Delhi,National,Opinion/Commentary
It is no longer about fear of Lalu and Nitish's good governance (Comment)
In general, any state election held in Bihar in the last 15 years has been centered on two issues -- 'Lalu ka dar' (fear of Lalu Prasad) and 'Nitish ka sushasan' (Nitish Kumar's good governance). This has helped Nitish Kumar comfortably sail through one election after another.
Category: India, Maharashtra,National,Opinion/Commentary
Why are the Indian and Chinese economies decoupling?
India has strong geopolitical, historical and economic reasons to disentangle itself from China's arms
Category: India, New Delhi,National,Opinion/Commentary
Cricket astronauts under pressure (Column: Close-in)
The Indian Premier League (IPL) is a tournament that cricket lovers are eagerly looking forward to. Although the Caribbean Premier League is already on in the West Indies, the cricket world has its eyes on the superlative cricket property of the Indian cricket board (BCCI). Dream11 (Sporta Technologies Pvt.Ltd), a fantasy sports platform that has been one of the outstanding recent success stories, quite understandably outbid the others to become the title sponsor after the exit of Vivo. The company was already a part of India's cricket story as one of the sponsors of the BCCI and also had played a major part in 2019 IPL.
Category: India, New Delhi,Sports,Cricket,Opinion/Commentary
Pakistan: A saga of paranoia, denial and cheating (Opinion)
The Pakistan International Airlines (PIA) air crash in June that killed 97 people and the circumstances causing it beg a closer look. It is widely believed that the pilots of the ill-fated PIA aircraft were fake, who in all likelihood cheated in exams to secure a Civil Pilot Licence or perhaps went a step further and had imposters sit in their places.
Category: India, New Delhi,National,Opinion/Commentary
Markets to continue uptrend till blow-off happens (Market Watch)
The week gone by began with a bang and markets gained on all five trading days. The BSESENSEX gained 1,032.59 points or 2.69 per cent to close at 39,467.31 points. NIFTY gained 276.00 points or 2.43 per cent to close at 11,647.60 points. The broader market saw BSE100, BSE200 and BSE500 gain 2.27 per cent, 2.30 per cent and 2.30 per cent, respectively. BSEMIDCAP was up 1.90 per cent while BSESMALLCAP was up 2.30 per cent. It appeared as if the markets were tiring out on Thursday and then the banking pack kicked in and took the markets up quite sharply. The top weekly gainers in the banking pack were Indus Ind up 27.93 per cent, AXIS Bank 15.82 per cent, SBI 13.36 per cent, ICICI Bank 10.40 per cent, Kotak Bank 9.55 per cent and Bandhan Bank 9.52 per cent. The BSEBANKEX itself was up 10.34 per cent.
Category: India, New Delhi,National,Opinion/Commentary
Congress letter writers: Who's for business houses, who's for himself? (Comment)
The late R.K. Mishra, editor of Patriot, founder of Observer Research Foundation, used to tell a delicious story about Indira Gandhi whom he knew well. Once Dev Kant Baruah, Congress President during the Emergency, furtively handed Mishra a crumpled piece of paper with names of three Congress leaders scribbled on it. Barua led him onto the lawn for secrecy. Indira Gandhi suspected the three of being American moles. She was keen that, after scouring the grapevine, Mishra share his appraisal with her. Just when Mishra was about to visit Baruah, his mouth full of news, the morning newspapers gave him a shock. On page 1 were photographs of the three named in that crumpled paper. They had been inducted into the Union Cabinet. Why had he been sent on a wild goose chase? The mist lifted after a call from Baruah.
Category: India, Jammu And Kashmir,National,Opinion/Commentary
Conscription weakening the resolve of PLA soldiers to fight for nation (Comment)
Conscription into military service and the pitiable standard of living of soldiers are resulting in the People's Liberation Army being a force with men and women having no stomach for fighting for the nation.
Category: India, Delhi,National,Opinion/Commentary
Disruptors at the gate (Column: Behind Infra Lines)
Global technology news, of Walmart planning a potential bid for TikTok in the US, or Instagram's decision to allow buy buttons, are indicative of trends that traditional boundaries across industries will gradually become less and less, with disruption and disruptors emerging from all corners. The consequent disruption is both an opportunity and a challenge depending on one's perception.
Category: International, China,National,Opinion/Commentary
Indian cricket cannot wait endlessly (Column: Close-in)
Preparations for Indias premier cricket tournament, the Indian Premier League (IPL), are underway in full swing. The eight franchise teams seem to be doing a remarkable job as organising and executing the transportation, stay, and travel of their players and support staff must be quite an arduous task. To do so in the limited time they had is even more credible, as planning for a major tournament normally requires several months of brainstorming and preparations.
Category: India, Delhi,Sports,Cricket,Opinion/Commentary
The rise and fall of Th. Muivah in Nagaland (Opinion)
Thuingaleng Muivah (86) is referred to as master betrayer right from his joining NNC in 1964. He is a Tangkhul Naga from Somdal (Shongran) village in Ukhrul district of Manipur.
Category: India, Delhi,National,Opinion/Commentary
Rural India: A case for cautious optimism and nuanced policy mix
One of the major reasons EMs are forecasted to register less negative growth in 2020, vs. AEs, is the higher share of agricultural output. In India, there is optimism around agriculture, and thus rural, being the brighter spot in a contractionary growth year. The RBI Governor, in the recently released MPC meeting minutes noted rural indicators have shown a sharp revival which, if sustained, can provide support to demand going forward. In this note, we look at the current situation and the structural nuances of rural India to gauge the legitimacy of this optimism and the need for a nuanced policy approach.
Category: India, New Delhi,National,Opinion/Commentary
Odisha CM seeks postponement of JEE, NEET exams
Bhubaneswar, Aug 25 (IANS) Odisha Chief Minister Naveen Patnaik on Tuesday urged the Centre to postpone the NEET and JEE exams scheduled to be held in the first fortnight of September.
Category: India, Orissa,National,Opinion/Commentary,Education,Health/Medicine
Indian economy's twin-engine heart needs land leasing push
In the bleak Covid scenario, a rare bright spot has emerged with Indian corporates waking up to the rural sector's potential. However, forging a deeper synergy of the two that can pivot India's economy would require pushing through impending changes in land leasing laws.
Category: India, New Delhi,National,Opinion/Commentary
Market momentum to shift to Mid and Smallcap sector (Market Watch)
The week saw markets gain further ground with the breadth improving significantly. The midcap and small cap segments are where all the action is currently focused. BSESENSEX gained 557.38 points or 1.47 per cent, while NIFTY gained 193.20 points or 1.73 per cent . The broader markets saw BSE100, BSE200 and BSE500 gain 1.74 per cent , 1.97 per cent and 2.26 per cent respectively. BSEMIDCAP gained 3.61 per cent, while BSESMALLCAP was up 5.56 per cent . While the benchmark indices had a decent showing, the breadth in the market was significant with none of the sectoral indices being tracked, closing in the negative. Further, the number of shares hitting upper circuits is on the rise and many have also hit new 52-week highs and some made lifetime highs as well.
Category: India, New Delhi,National,Opinion/Commentary
Links between Beirut blasts, UAE-Israel, oil and gas in east Mediterranean? (Comment)
The mother of all blasts at the Beirut port on August 4 would have qualified as the West Asian 9/11 though the objective circumstances are totally different. But 9/11, the great tragedy though it was, happened just when a muscular US, victorious in the Cold War, was spurred on by the neo-cons towards a goal of comprehensive global dominance. Osama bin Laden became the rabbit in that greyhound race. The hounds are still parked in their Afghan kennel.
Category: India, New Delhi,National,Opinion/Commentary
Unchanging nature of our problems (Comment)
Jawaharlal Nehru's address on India's 'Tryst with destiny' is historic, widely discussed and well studied. In 1947, Nehru announced over radio that he was the 'First servant of the Indian people'. Nehru didn't live long. He left us in 1964. In spite of the tug of war in politics, he did not shift from his ideology or philosophy. One after another, quite a number of Prime Ministers came after Nehru and every year delivered a speech from the Red Fort.
Category: India, New Delhi,National,Opinion/Commentary
Chetan Chauhan: 'Memories of a Rajput warrior' (Column: Close-in)
The cricket fraternity was shocked by the sudden demise of Chetan Chauhan. The deadly coronavirus struck a blow on a cricketer who was known for his guts, grit, valour and fighting spirit against the fastest and most skillful of bowlers in world cricket.
Category: India, Delhi,Sports,Cricket,Opinion/Commentary
How is peace process in Afghanistan affecting India? (Comment)
After the recent release of over 80 hardcore Taliban prisoners, after the Loya Jirga assembled in Kabul gave the go-ahead for the release of the last of 400 Taliban prisoners, a temporary halt on the release of the remaining 320 prisoners is in effect, as a few more countries (France and Australia) shared the apprehensions of the Afghan government and public, that the prisoners in question had conducted serious violent attacks on Afghans and foreigners.
Category: India, New Delhi,National,Opinion/Commentary
India needs to move beyond manufacturing to become product leader
New Delhi, Aug 18 (IANS) The 'Local ke liye Vocal' call came after the Chinese aggression at the border forced the national leadership to look beyond the investment from the neighbouring country and scout for more global partners who can infuse top dollar in the Indian supply chain and product development ecosystem.
Category: India, Delhi,Business/Economy,Opinion/Commentary
Markets likely to be under pressure at open (Market Watch)
The week gone by continued to be volatile and all gains built up during the course of the first four days were lost and even more, on Friday. The week ended with BSE SENSEX losing 163.23 points or 0.43 per cent to close at 37877.34 points while NIFTY lost 35.65 points or 0.32 per cent to close at 11,178.40 points.
Category: India, New Delhi,National,Opinion/Commentary
The heart of business (Comment)
The Covid Syndrome will haunt us for years. Businesses are bleeding and human misery is escalating and many businesses are caught in this Covid trap. The business of business is to make profits. Yet, business and corporates are frequently criticised for not spending enough on community and social welfare. There are people who believe that business is prospering at the expense of society. Exhortations to spend more on CSR and even expecting business to contribute to areas of social stress not directly related to their areas of activity is an ongoing reality. The question of how much spending on social responsibility projects is enough remains unanswered and we forget that the business of business is to create economic value. The tussle between the heart and the mind is a continuous and never ending process. Yet, there are companies who are doing an excellent job of balancing the two.
Category: India, New Delhi,National,Opinion/Commentary
Facade vs reality of Chinese/Indian politics of growth: Lessons for today (Comment)
In my first interview on 'Offensive Defense', I explained the history of Chinese economic rise, based on my book, 'Containing the China Onslaught', and that this growth was more a function of precision in their political steps rather than their economic mastery.
Category: India, New Delhi,National,Opinion/Commentary
For Late M.F. Hussain, Rahat Indori was 'just the greatest'
Rahat Indori was five-years-old when the much loved poet Majaz died of a stroke after he was found on the freezing terrace of a country liquor shop in Lucknow's Qaisar Bagh. As someone born to a poor cloth mill labourer, Rahat's nightmare of financial insecurity increased watching the economically circumscribed lives of Urdu poets. Majaz was only one of them. Rahat worked hard educating himself right up to PhD on a subject which was to stand him in good stead in subsequent years -- Urdu mushaira. And what a performer he became in mushairas charging up to Rs 10 lakh for an appearance -- quite unprecedented.
Category: India, Delhi,National,Opinion/Commentary
Indian cricket guidelines - 'age is just a number' (Column: Close-in)
The Board of Control for Cricket in India (BCCI) has come out with guidelines as to how cricket will operate at this time of COVID-19 pandemic. This is essential as the safety of the players and the people involved in cricket needs to be foremost protected.
Category: India, New Delhi,Sports,Cricket,Opinion/Commentary
What should India do in response to the US-China Rift? (Comment)
US President Donald Trump issued two executive orders on Thursday restricting Chinese social media networks TikTok and WeChat, on the grounds that they pose significant national security threats to the United States. These executive actions set a 45-day deadline to ByteDance, which owns TikTok, and Tencent, owner of WeChat, to sell the two platforms to American companies, or face a complete ban in the US.
Category: International, Portugal,National,Opinion/Commentary
Tibetans recruited for Ladakh
What did Xi achieve by attaching Ladakh? Nothing. Can he equate 1962? To achieve National rejuvenation of 1.4 billion Chinese; should be his aim.
Category: India, New Delhi,National,Opinion/Commentary
Ram temple in Ayodhya and the question of faith (Comment)
Let's go to Ayodhya again. On August 5, Prime Minister Narendra Modi went to Ayodhya, the birthplace of Ram, in connection with the bhoomi pujan for the Ram temple. There was nothing unlawful about it. Following the Supreme Court verdict on the issue, the head of the government was participating in the ceremony for the construction of the temple organised by the Sri Ram Janmabhoomi Teertha Kshetra Trust. The event was telecast live on Doordharshan and other channels took live footage from Doordarshan.
Category: India, Maharashtra,National,Opinion/Commentary
Of Walls, Borders and the Chinese
It is easy to associate the Chinese with walls. Not just their famous wall. The opaqueness in their thoughts and intentions too, are walls. Walls, whether of brick and mortar or of the mind, are borders and borders essentially become 'us and them things. So, what is it about the Chinese and their borders?
Category: India, New Delhi,National,Opinion/Commentary
Markets to trade in broad range
Markets continued their volatile movement in the week gone by and manged to close with gains for the week. BSESENSEX gained 433.68 points or 1.15 per cent to close at 38,040.57 points while NIFTY gained 140.60 points or 1.27 per cent to close at 11,214.05 points. The broader indices saw BSE100, BSE200 and BSE500 gain 1.42 per cent , 162 per cent and 1.83 per cent respectively. BSEMIDCAP was up 3.34 per cent while BSESMALLCAP gained 4.97 per cent. The midcap and Smallcap indices were helped in no small way by the relaxation in circuit filters by the exchanges on Friday where over 600 stocks were positively impacted. This would increase the volatility in this segment. The benchmark indices in the last week gained on two days, lost on one and were sideways on the remaining two days.
Category: India, New Delhi,National,Opinion/Commentary
As China marches ahead, who will be the winner? (Comment)
IR 4.0 and 5.0 are on the horizon today. These technologies work on the same medium, wire or wireless, which has taken both China and India forward, like in IR 3.0. India had the additional advantage of having IT and mobile technologies in their genes. Perhaps such genes ensure most of the world chiefs of such companies being Indians, and also most writing software or algorithms in the world being Indians.
Category: India, New Delhi,National,Opinion/Commentary
Two brick laying ceremonies for Ram: Which one was kosher? (Comment)
It reflects on the civilizational power of Lord Rama in this ancient land that independent India's five Prime Ministers involved themselves in the affairs of his birthplace at Ayodhya. Nehru, Rajiv Gandhi, P.V. Narasimha Rao, Narendra Modi and, tangentially, V.P. Singh in between.
Category: India, New Delhi,National,Opinion/Commentary
Dual-class shares: Essential for Atmanirbhar Bharat (Column: Behind Infra Lines)
As India debates the tools and mechanisms to drive the next phase of growth, attention towards mechanisms in the capital markets that can help provide wings to India's objective is essential. While a variety of measures have been assessed, one that specifically deserves attention is the need for India to create dual-class shares. Simply stated, Indian companies in India must be able to separate ownership and control. To unlock growth opportunities, allow companies to grow faster and assist businesses to make value-creating capital structure decisions, there could not be a better time than now for India to create dual-class shares.
Category: India, Andhra Pradesh,National,Opinion/Commentary