The second of four conversations between independent analyst Hemindra Hazari and Paranjoy Guha Thakurta.
Home  Media Presence  IL&FS Collapse: What Happens When Infrastructure Development is Privatised: Hemindra Hazari
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Hemindra Hazari, Independent Analyst: It is unusual. It introduces a political dimension and political risk. Business, especially for banks which are highly leveraged and manage public monies, tend to get identified with parties if their promoters publicly support one party or another, so I feel they should publicly remain apolitical. Uday Kotak publicly backed Modi during demonetisation and now that BJP’s electoral prospects are looking doubtful, he is backing the Congress party.  
        What is the point of having research analysts and so many business journalists, if they are merely going to regurgitate management commentary to the public. 
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