
Karvy has conducted an elaborate study into the question about where wealthy Indians are investing their money. The report also seeks to predict where wealthy Indians will be investing their funds in the foreseeable future
Top brass managements usually keep a stiff upper lip when confronted with negative reports of analysts about their companies. However, Kiran Mazumdar Shaw of Biocon has adopted a combative stance and is proactively trashing the negative reports as being “illogical” and based on “poor understanding” while lauding the ones that are favourable to the Company
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