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Economy Jun 13, 2012

Contrasting reactions: Govt trashes S&P, but India Inc whines

By Firstbiz Staff

Reuters

Standard & Poor's statement that India could become the first to lose its investment-grade rating among BRIC nations unless the government takes action caused quite a stir among corporate honchos, market experts and government officials.

Firstpost brings together some of the most widely-reported comments. While Narayan Murthy, chairman emeritus of Infosys, is saddened by the fact that India's image is suffering, Hans Goetti of Finaport, said his company was not reading too much into S&P's remarks.

Watch the video above to see their comments.

by Firstbiz Staff

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