Glad to know someone else also has the same thoughts as me on the subject. You are right, PC has his eyes on the funds where people have parked their savings. Sooner or later Providend Fund will start investing in companies which are put up for disinvestment. I hear that already PF dept's pension schemed is in shambles.
What can we do other than being silent onlookers?. If we do something, the beurocratic machinery will see that we are destroyed, I am speaking from personal experience.
Ravi George
On Friday, February 15, 2013, arun joshi wrote:
On Friday, February 15, 2013, arun joshi wrote:
Dear Ravi,You may recollect the person who was partially or wholly for the UTI fiasco. Did Dhirubhai/Mukesh/Anil benefit?The same fundamentals are being enforced today. Personally I always expected this when PC took over as FM.
On Fri, Feb 8, 2013 at 9:22 AM, Ravi George <ravi@paradigm.in> wrote:
Hi,
Has anyone noticed how public sector companies like the LIC where the common man has parked his life savings is mopping up shares of loss making public sector companies which come up for disinvestment?.
Are we going to face another UTI fiasco in the near future?.
Ravi George
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