PrateenRohatgi
5 months 1 week ago
Dear Sir
Large Indian corporations with Free Cash Flows , use this humungous money to buy back their shares to temporarily increase its price. At the end the nation achieves very little.
If they can utilise this money for fruitful and nation building along with maximising shareholder value. These corporations like TCS, Infosys, Wipro…can all come together and may be create a separate fund, together and :
Use this money to save companies from foreign ownerships and stakes sales and offer them equity support, why allow foreign companies/investors do that.
Create world class Educational Institutions – Schools to Medical and Engineering colleges, Skills based institutions like the it is that match the new world requirements like mobile manufacturing training, Semi conductor manufacturing skills imparting institutions, Management institutions.
Can create AIIMS/ Medanta like institutions at places not so known place offering world class care and at th
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