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Setia told me that Bahl was the epitome of a certain sort of entrepreneur. “He’s a very intelligent, articulate Indian promoter,” Setia said about him. I asked him what he meant by “Indian promoter”. “They look after their own interests,” he said. “The Indian market is typified by illiquid companies with large promoter shareholdings where there’s a lot of manipulation for the financial benefit of the promoter.” - http://www.caravanmagazine.in/reportage/network-effect