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Letters to the Editor
Sir, There are many family controlled business conglomerates in India. The nature of the family holding is not a matter of concern to the ordinary investor. But it is dangerous when ego clashes or uncalled for disagreements are rampant in boardrooms. Indian corporate history is replete with such occurrences leading to steep falls in shareholders' wealth. The fallout is such that investors shy away from the market. Big corporate houses must, therefore, in the interest of the investors, ensure that things do not get out of hand, at least to the extent that markets are destabilised.
Subramaniam Shankar,
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