Corporate default
Much is being made of Essar Steel's travails in arranging payment on its floating-rate notes falling due later this month.

Vain wait for FDI
However, it is true that India lacks infrastructure. The World Economic Forum ranked India last among 53 countries surveyed for the quality of their infrastructure.

Protecting investors' interests from Vagaries of delisting of shares
Every company coming out with a public issue of shares or debentures is compulsorily required under Section 73 of the Companies Act, 1956 to get them listed with one or more recognised stock exchanges to facilitate trading in these bourses.

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