February 19, 2018

Careful, MSCI, you may be raising a new Osama bin Laden

A scathing open letter, by Nilesh Shah of Kotak MF to MSCI on its threat to remove India from the MSCI index.

Please evaluate the following facts before taking any decision in the context of issuing a stern warning for weightage cut to India for nonsharing of data by exchanges with its competitors:

• India is the only country in the world where in the listed segment, the largest bank, the largest insurance company, the largest mortgage company, the largest FMCG company, the largest telecom company, the largest automobile company etc are majority-owned by foreigners. Do you think that is  ..

Read more at: http://economictimes.indiatimes.com/articleshow/62978325.cms

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