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IIM Indore Celebrates Sixth Foundation Day Dr. Mohan's Advice to Companies of Today Dr. Mohan stated that the economic slowdown in the late 1990s was a temporary setback, and companies would do well not to get too dejected when things were not too rosy, and also not to get over-excited when things were going well. He also mentioned the Capital Market reforms that had been put into place that allowed companies to launch public issues without too much trouble, and without permission from the CCI (Capital Controller of India). The Establishment of SEBI and the permission given to FIIs to invest in the capital markets were major steps forward. Outlook for the Future At this stage Dr. Mohan injected a note of caution into the discourse, as he said that he did not see enough evidence of increasing investments by the corporate sector without which the current growth would be unsustainable. He said that companies should plan ahead with respect to world companies and economies. He ended on an upbeat note, by saying that the economic reforms that have been implemented post Liberalisation have been very successful, as can be seen by their impact on the performance of the corporate sector. An informative afternoon with one of the heavyweights of the economic arena. Concluded. Click here to post your views/ comments/ experience on this... Contributed by - |
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