SEBI chairman Ajay Tyagi says that while current concept of holding founders accountable is unique to India, a controlling shareholder regime for representing an entity is more logical.
Compared with the IPO price of Rs 76, Zomato surges in its trading debut Friday. This is a boon for China's Ant Group, which is benefiting from its early investments in Indian companies, including Zomato and Paytm.
Zomato has generated a seldom-seen frenzy among the investment community. Investors will now get a taste of the food delivery giant when it debuts today after a $1.3 billion IPO.
With China's crackdown on internet companies and India’s 625 million internet users just dipping their toes into the world of social networking & ecommerce, investors are turning their attention to India.
Paytm was last valued at $16 billion. If it hits its target, the IPO would be India's largest stock market debut ever, surpassing the debut of state-owned Coal India Ltd.
The broader buzz around Zomato, which has a $1.3 billion initial public offering, spilled out from financial circles into the social media space & could push other startups to list.
Shareholders would like to see Zomato pull off smart acquisitions that bring in both scale and cash flows. Dominance of consumer data alone won’t build a sustainable moat.
The Prime Minister has never been shy about centralising authority. Surely, he should treat this problem the way that the leadership in Beijing treated China’s smog crisis over a decade ago?
Admiral Dinesh Tripathi at annual media interaction ahead of Navy Day celebrations announced that an operational demonstration is expected at Thiruvananthapuram, President Murmu to attend.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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