Spot the Retail Investor

Retail investors are an endangered species. This will undermine the government’s disinvestment plans

The disinvestment of public sector undertakings (PSUs) has usually lurched from one controversial strategy to another. It started in 1991 with the strange decision to bunch PSUs into packets and auction them. The auction was compromised; banks fronted for brokers in the market madness...

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  • Wrong Call?

    SEBI’s interpretation of the takeover code in the Bharti-MTN deal is highly controversial. Vijay Trimbak Gokhale explains

    MTN and Bharti Airtel are set to join hands to create the world’s third-largest mobile operator. Bharti had sought an informal interpretative guidance from the Securities and Exchange Board of India (SEBI) on the applicability of the takeover code to the deal. SEBI broke...

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