India's Red Tape Bonanza Makes Investor See Red
Key Points
- Investment moguls are more troubled by India's bureaucratic ...
Ever wonder what keeps investment moguls up at night? Apparently, it's not market volatility or geopolitical tensions - it's paperwork. Lots and lots of Indian paperwork.
Bureaucracy: The Gift That Keeps on Giving
Mark Mobius, the emerging markets investing guru who's seen more market cycles than most of us have had hot dinners, is discovering that India's bureaucratic maze is giving him a real estate headache. His recent experience trying to navigate India's regulatory landscape reads like a kafka-esque adventure, complete with a three-month waiting period that's forced him to keep 95% of...
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