This LS 2014 Elections ... will you, the voter, make a promise ?

“The AAP will make no promises to you. Instead it will ask you to make a promise. This time you will not cast your vote on the basis of kinship. You will forget caste; you will drive away the distributors of alcohol and money. AAP has not come to ask you for your vote. If there is anything we ask of you, it is to have faith in yourselves; and to listen to the voice of your soul. This election is not about the victory or defeat of political parties; it is about victory or defeat within ourselves. In front of the voting machine, we must think of the future of our children, the future of our city and our dreams for the future of our country.” Short link

Sunday, 30 March 2014

FDI value creation assessment before deciding

On FDI value creation assessment before deciding ..... a matter I had personally debated in Sep-99 explaining (to our BJP Govt.) that Market Capitalisation is a Multiple of a companies revenues whereas salaries & remunerations are a fraction. For Indian investors to be able to invest in the subsidiaries of MNCs listed on Indian Stock markets, was therefore a boon. Therefore Indian bourse listing of MNCs (suitable policy framework) must be encouraged and not discouraged, as Yashwant Sinha's budget of 1998-99 discouraged. 100's of MNCs de-listed thereafter and almost no MNC has newly listed on the Indian Stock Exchanges since.

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