More than one lakh people had invested in the IMA Jewels which started 17 companies.
Hitting out at Congress leaders for the party's performance in the Lok Sabha polls, Baig, a MLA from Shivajinagar, had recently held Siddaramaiah's "arrogance" and KPCC president Dinesh Gundu Rao's "immaturity" responsible for the "flop show."
A flavour-of-the-season approach does not work in investing, suggests Deepesh Raghaw.
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