main board IPOs: Quality of companies coming for IPO far superior to what we saw 20 years ago: Pranav Haldea

main board IPOs: Quality of companies coming for IPO far superior to what we saw 20 years ago: Pranav Haldea

Pranav Haldea, MD, Prime Database Group, says though there have been exits worth Rs 4.27 lakh crore this year versus Rs 2.26 lakh crore during the same period last year, that is not a negative. It is a sign of a maturing capital market ecosystem. Several of these PE and VC investors came in and … Read more

PSU stocks: Government gains PSU muscle as stocks climb peaks

PSU stocks: Government gains PSU muscle as stocks climb peaks

Mumbai: State ownership in listed firms, in terms of the value of shares held, surged to a seven-year high of 10.38% of total market capitalisation as of March 31, driven by a robust rally in several public sector unit (PSU) stocks. The value had touched a high of 22% of total market capitalisation of listed … Read more