NOT A SMART MOVE REALLY ! Indian companies should have had two sets of expertise ideally. One would interface with the International partners, understand their methods and derive mutual benefit from it. Second set of experts would have preserved Indian ethos as well as enhancing living standards across board for majority of populations through job creation, real term productivity, and honest sharing of wealth. Although undoubtedly an unparalleled leader, that Mukesh Ambani has been, he certainly erred in encouragung average Indian to put his 'current' as well as 'future' earnings in a stock market which was 'absolutely' and 'heavily' loaded against small investor. International experts have been creating 'bubbles' after 'bubbles' in global economies for last two decades with hidden purpose of draining hapless and poorly informed average citizen of world. Most financial experts and MBAs from IIMS have been taken in by the latest jargons and by quaint 'quants' etc. Fundamentals of economics and growth have been subverted and later camouflaged by International experts in fancy technical terms. Lacking real intellectual giants locally contries like India have been taken for a big ride. Chinese nation, since it is tightly integrated, understands and tackles international trickery, to its own advantage. An intellecutually divided nation like India has bled and will continually be bled, at faster rate if our IIMs do not develop rigorous home bred economic models.
