Is investing in the tobacco business unethical?

It is inappropriate to restrain govt or PSEs from investing in cos which provides superior return

Asish K Bhattacharyya 

Asish K Bhattacharyya The Bombay High Court will hear a public interest litigation (PIL) filed by two Tata Trusts trustees, along with five others, against the Union government, the Insurance Regulatory and Development Authority of India (Irdai), Life Insurance Corporation (LIC) and other state-run insurance companies. The PIL called on the high court to direct the public sector insurance companies to divest their shareholding from the companies that are directly and indirectly engaged in the tobacco businesses. The PIL argues that investment by those companies in the tobacco business is against the spirit and ...

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Is investing in the tobacco business unethical?

It is inappropriate to restrain govt or PSEs from investing in cos which provides superior return

It is inappropriate to restrain govt or PSEs from investing in cos which provides superior return The Bombay High Court will hear a public interest litigation (PIL) filed by two Tata Trusts trustees, along with five others, against the Union government, the Insurance Regulatory and Development Authority of India (Irdai), Life Insurance Corporation (LIC) and other state-run insurance companies. The PIL called on the high court to direct the public sector insurance companies to divest their shareholding from the companies that are directly and indirectly engaged in the tobacco businesses. The PIL argues that investment by those companies in the tobacco business is against the spirit and ... image
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