Flo-Tek ponders BSE listing
Friday, June 12, 2015
Promoters of the company believe that the move to list on the bourse will be the company’s way to increase local ownership.
Flo-Tek chief executive officer Vijay Naik told BusinessWeek in an interview that the BSE listing would be the company’s first move to become a public entity.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...