First look suggests Manmohan Singh is looking at elections in 2014.
Young and dynamic performers given good portfolios. The corrupt or perceived to be corrupt are being sidelined by given side portfolios. Prime example is MS Gill Statistics Ministry.
NCP cut down to size by promoting Praful Patel and moving him from plum Civil Aviation to Heavy Industries.
Immediate impact:
Murli Deora removal may affect a certain business house to which he is perceived to be close.
Flat or maybe upside. I feel no major influence on markets.
Wednesday, 19 January 2011
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