1. Private sector: How much control could the government exert in private sector entities? - The Economic Times

    Private sector: How much control could the government exert in private sector entities? - The Economic Times

    How much control could the government exert in private sector entities? By The Centre’s holding in the private sector is a treasure trove. Company Summary Charts Valuation & Peer Comparison Community Buzz PEER COMPANIES No one was ready for an ITC vs Tata corporate battle, least of all the protagonists.

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    1. All these companies are truly globalised with extraordinary corporate governance. The only relevant question is, are they being managed well to be able to deliver powerful performances in future.
    2. There is bipartisan political consensus that companies are better managed by private sector.
    3. Axis Bank (it was founded as UTI Bank in the 1990s) and UTI Mutual Fund have performed well in a very competitive environment. One could argue that they are both government-owned entities that have been allowed to operate as private entities.
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