Wednesday, December 21, 2005

Foreigners control 3rd of Indian Inc....

Hey all,
its been a long time since i scribbled something over here..

Foreigners took stake of nearly a third of corporate India. The economy is really boming n the sensex touching 9k and all these things can be attributed to FII inflows.

We r simply enjoying the boom but at the background the foriegners taking control of nearly 1/3rd of Indian Corporates.

Is this reallly safe?? i really fear , whether we need again mahatma gandhi ?

Source:Rediff

Rgds,
Murali

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