In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL
This refers to the Q&A with Venkat Chary, chairman and independent non-executive director of the Financial Techonologies (FTIL) "NSEL- FTIL merger proposal makes no sense, also sets a bad precedent" (November 7)
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