SUBRAMANIAN C RAMANARAYANAN
11 years 11 months ago
PPP or FDI should not be allowed. Foreign investment should be from NRIs or PIOs. When we give 49% to FDI, their 49% is a consolidated vote and Indian investors remain scattered lot. So in any voting the foreign investor can have his say. this is dangerous. There should be a cap on maximum shareholding per folio and per head and per group. Look at CIBIL, 55% is with foreign company. They can get all data that they want. this trend will lead to another East India Company like situation.
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