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Only a few large companies investing; policymakers must push for free & fair market: Uday Kotak

With the threat of artificial intelligence (AI) gobbling up jobs in the future, Kotak said Indian policymakers will have to look at universal basic income to support the population which stands impacted. ....

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Only few large companies investing; policymakers must push for free & fair market: Veteran banker Uday Kotak

The founder of Kotak Mahindra Bank, who surprised all by stepping down from his executive role four months ahead of end of term recently, said many corporates are not going ahead with investments and added that we are witnessing "significant consolidation and concentration" because of this. The concentration can deliver in the short term, but it is in India s long term interests to have many businesses flourish. ....

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Latest News | Only a Few Large Companies Investing; Policymakers Must Push for Free & Fair Market: Uday Kotak

Get latest articles and stories on Latest News at LatestLY. Veteran banker Uday Kotak on Wednesday rued corporate investments getting concentrated in a few groups, and urged the government to "encourage many flowers to bloom".
Latest News | Only a Few Large Companies Investing; Policymakers Must Push for Free & Fair Market: Uday Kotak. ....

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