Promoters of Indian companies are investing heavily in their own stocks. This comes after a period of significant selling. At least 18 companies saw promoter purchases in the March quarter. Godrej Properties and Adani Enterprises led these investments. This m…
Indian companies are focusing on growth in tier-2 and tier-3 cities, known as Bharat. However, their boardrooms do not reflect this market. Boards are dominated by individuals from tier-1 cities. This disconnect impacts strategy. Companies need directors with…