tag:blogger.com,1999:blog-19649274.post8780597579795865962..comments2024-03-29T12:03:50.891+05:30Comments on The Leap Blog: The pitfalls of an Indian Sovereign Wealth FundAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19649274.post-64413354137190521092008-05-16T15:35:00.000+05:302008-05-16T15:35:00.000+05:30Just out of curiosity ...Isnt creating an SWF akin...Just out of curiosity ...Isnt creating an SWF akin to creating a public sector enterprise, only difference being the SWF having the powers to do investments across the world to maximize the returns ? <BR/> Not that I'm biased against PSE's..But looking at the major SWFs across the world, I feel that most of them are created in nations which have not much native investment opportunities to do something with the accumulated reserves . I dont think thats the case with IndiaAjith Prasad Balakrishnanhttps://www.blogger.com/profile/12359138218016503252noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-79683148716271779112008-05-16T01:06:00.000+05:302008-05-16T01:06:00.000+05:30Not necessarily. What Kamal Nath did for Mittal wa...Not necessarily. What Kamal Nath did for Mittal wasn't monetary, even though the company Mittal itself wasn't an desi company - doesn't even own a small furnace in the country. There is plenty that a country can do to facilitate large cross border takeovers, as western countries do all the time, without actually putting hard cash on the line.Chandrahttps://www.blogger.com/profile/04763671243428875888noreply@blogger.com