Indian buisnes should buy them out with rising value of the rupee, like british did starting with Vodafone which from a miniscule company became worlds largest, but trouble is that indian rupee is not convertible.
Further indian Forex should be used for infrastructure development.
RE:BUY THEM OUT
by Ramakrishna Kandula on Jun 20, 2007 12:13 AM Permalink
This is great idea.. with already indian companies in buying spree, this will be the best time to acquire foreign companies..
And other idea, i am not sure can we use ForEx for infrastructure development? (I don't want this happen if this goes into our politicians pocket)
RE:BUY THEM OUT
by Ajay on Jun 20, 2007 06:55 AM Permalink
Buying companies overseas was a good decision or bad only time will tell. But is does fell good.
