At the same time, he cautioned, “Every effort should be made to ensure that there is no atmosphere of fear created, when it comes to decision making. Swift decisions and transparent policy environment are prerequisites of an enabling business climate. This is best done if the Government and Industry work together.”
Infosys Executive Chairman N R Narayana Murthy said any acquisition against Birla without a detailed set of facts was unlikely to go well with both Indian and international investors.
“Kumar is one of the most respected business people, therefore any accusation against Kumar without a detailed set of facts is not likely to go well in the eyes of the investors...It is very very important for the authorities to be 100 per cent certain about the facts and data.