Markets can speak loudly
The Government of India’s cheapest source of funds is of course by cheating the Indian saver. Pay him BELOW the current inflation rate, and all the money will belong to you…..
However that alone is not enough, so you sell shares of Coal India.
I hold a couple of ‘000 shares of Coal India. Can I protest? No.
Can a FII protest? Yes, and some of them do….read on
Praveen
At the same time read Prof.Sanjay Bakshi’s article on this issue on why this FII can’t do anything the GOVT because all these things are already mentioned in IPO prospectus.
Do we have to believe that this FII doesn’t know/read all these before buying COAL shares