Financial Daily from THE HINDU group of publications
Wednesday, Mar 22, 2006
Financial Daily from THE HINDU group of publications Wednesday, Mar 22, 2006 |
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Opinion
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Letters SEBI rating
This is with reference to "SEBI's rating plan fails to lure IPO companies" (Business Line, March 20): The lukewarm response of companies waiting to tap the capital market for the test exercise conducted by SEBI is not surprising. It is common knowledge that only mandatory rules work in India, be it corporate or otherwise. The fact that credit ratings have not been tried in other parts of the globe is another matter. Why can't India Inc take pride in being the first-mover of the concept? K. V. Rao Bangalore
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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