The biggest players in the country's telecom industry had all managed to secure more than their authorized share of spectrum and would have to pay for it, has been in the public domain for some time now.
As much as half the turnover of all stock exchanges in India is accounted for by only 25 broking firms. Ninety per cent of the turnover of all stock exchanges in the country is out of only five cities. These are hardly healthy signs of India's financial markets.
This is the concluding part of a three-part series, where Aditi Roy Ghatak and Paranjoy Guha Thakurta discus how share prices in India are manipulated and the future of the country's stock exchanges.
This is the 2nd part of a three-part series, where Aditi Roy Ghatak and Paranjoy Guha Thakurta discuses how share prices in India are manipulated and the future of the country's stock exchanges.
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