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Tuesday, December 24, 2024 | 10:39 PM ISTEN Hindi

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Investors are demanding more transparency and disclosures from India Inc

When investors got transparency, then there was no $1 billion in the bank, the stock plunged The price of transparency

IT sector
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Indian IT majors have been late entrants into this high-growth area and have been losing out to nimble competitors

Business Standard
Investors increasingly are demanding more transparency and disclosures from India Inc. While one can argue this is good for the market ecosystem, a popular hedge fund manager has a different take on this. “Satyam (Computers) was trading at Rs180 without transparency. When investors got transparency, then there was no $1 billion in the bank, the stock plunged. Now investors want transparency in another stock—let’s see what comes out,” tweeted Samir Arora, founder, Helios Capital Management, a Singapore-based hedge fund.

Different culture 
On Monday, Congress President Rahul Gandhi(pictured) was the first prominent politician to visit ailing former prime minister Atal Bihari Vajpayee at

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