“As long as you go into a country and develop a local model and execute it locally, you live within the rules of that country. Don’t compromise your corporate governance principles.You have got to be aware of politics, be sensitive to all the minefields, but don’t play in them, don’t take a voice in them because that is a losing proposition,” she said, adding that if companies have knowledge of what’s going on but they just focus on doing their business, they will be successful.

On last Friday, the last working day of FY 2018-19 ,the 30-share pack Sensex closed higher by 127 points, or 0.33 per cent, at 38,673. This was Sensex’s best gains in four financial years.