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If you drill it down a little more, this is what you get. In almost every top company, around 50% of the non-promoter shares are held by FIIs.
This is just another side of what Raghuram Rajan chief economic advisor said, post-budget, about the importance of channeling local savings from gold to equity market.
From the Economic Survey
Here's an interesting table that shows where software industry stands in comparison to its peers in services sector
Groupon CEO's farewell letter
If you haven't already read Andrew Mason's memo, you must. It's refreshingly honest.
If there's one piece of wisdom that this simple pilgrim would like to impart upon you: have the courage to start with the customer. My biggest regrets are the moments that I let a lack of data override my intuition on what's best for our customers. This leadership change gives you some breathing room to break bad habits and deliver sustainable customer happiness - don't waste the opportunity!
This is not the best part of the letter. Read the full memo here.
Also of interest