In your interest.
Online Personal Finance Magazine
No beating about the bush.
Finance minister (FM) Pranab Mukherjee’s Budget speech has again raised the issue of increasing public shareholding in listed companies. The FM correctly says that it is easy to manipulate share prices when public shareholding is not diversified and below 15%. This is true of public sector entities (ONGC, MMTC, NDMC, etc), where the public float is outrageously low, as well as several private...