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14 November 2011, Thomson Reuters

India’s boom resembles America’s Robber Baron days

Reuters interviews K.N. Vaidyanathan, former Executive Director of the Securities and Exchange Board, and now Gateway House's Senior Geoeconomics Fellow.

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The crony capitalism of India’s billionaire boom shows that Indian Capitalism is in its ”adolescence,” says, K.N. Vaidyanathan, former Executive Director of the Securities and Exchange Board and Senior Fellow at Gateway House. Just as in America, billionaires will discover why they need people at the bottom.

 



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