India’s record-breaking IPO year is drawing global attention, but one of the country’s prominent market voices says the pipeline quality gap is rapidly widening. Vikas Khemani, founder of Carnelian Capital, said after consulting with investment bankers that barely 5% of companies were worth meeting, and almost none struck the right balance between business fundamentals and […]
Zerodha founder and CEO Nithin Kamath has expressed support for market regulator Securities and Exchange Board of India (Sebi)’s warning last week on digital gold. Calling it a timely reminder from the securities watchdog, Kamath explained how investors face losses the moment they decide to buy it.Kamath said digital gold is an inefficient way to […]
The Indian auto sector is showing renewed vigor following the recent rationalization of GST rates, with signs of a sustainable recovery in passenger vehicles (PVs) and some optimism in the two-wheeler segment. However, according to founder Deepak Shenoy, it may take some time for commercial vehicles (CVs) to catch up & CEO from Capitalmind.When asked […]