Indian Infra Companies Lack Transparency: Franklin Templeton’s Chief

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Mark Mobius, chief of Templeton’s Emerging Markets Group, said that Indian Infrastructure companies are vague and lack transparency. He said that only one or two infrastructure stocks were added to their portfolios. According to him major concerns faced by Indian market are unemployment, inflation, rising food prices and availability and usage of water. The other concern is project execution due to the complex government structure.

Source: Times of India

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