Sucheta Dalal explains the role of companies, investment bankers and regulators in fetching poor IPO returns which has made the market comatose
We are back a full circle. A dozen-odd years after the IPO (initial public offering) mania of 1992-96, the market is dead again. Ironically, the Confederation of Indian Industry (CII) is the first to kick off a discussion on how to revive the...