Excited about the $20 billion pipeline? Vikas Khemani says 80% of upcoming IPOs have poor business quality

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 […]

The returns risk of unregulated digital gold: You lose 6% the moment you buy it, explains Zerodha’s Nithin Kamath

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 […]