Easing the regulation will offer mutual funds the opportunity to explore companies overseas, also giving the investors more variety. The move will also help the mutual fund industry operate in line with global mutual fund companies.
I hope the finance minister allows our mutual funds to invest in any actively traded listed foreign company. Easing the regulation will offer mutual funds the opportunity to explore companies overseas, also giving the investors more variety.
Any business related to infrastructure, especially power, will do well in a growing economy like India.
Demand for power equipment is very much there but supply is not. It is a good situation to be in. Business prospects are good.
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