When people refer to the &#x27;stock market&#x27; not being transparent... they are referring to the Regulators. Indian regulators are as transparent as US,China,EU. They have been known for bringing down big shots e.g. Sahara Group but on the other hand have failed to investigate some of the other big co&#x27;s.<p>What indian economy lacks -
1. new credible entrepreneurs e.g. existing group co&#x27;s have gotten into more new businesses and expanded into traditional sectors as compared to a handful of new names.
2. new business models e.g. most business are copying what has existed in US such as ecommerce, taxi aggregators, etc.
3. enhancing regulation in existing markets e.g. real estate.