ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The L & T Saga

The L & T Saga Madan Gopal Jajoo In Indian conditions, the task of assessing the past performance and future prospects of companies which approach the public with large share issues must devolve on financial market agencies, most importantly the public sector financial institutions. The L & T case, however, shows the financial institutions' total failure to safeguard the public interest.

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