Like most Indian business leaders, Biocon chief Kiran Mazumdar Shaw is struggling to strike a fine balance between speaking out and keeping mum.
“In this social media frenzy world misinterpretations are common, many times driven by perverse intentions of others,” said Yugal Joshi, Partner at Everest Group. “These can snowball into issues that may harm the business more often than help it. Therefore, corporate leaders probably understand there is limited upside in speaking up from a business perspective.”
