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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Retail investors get the short shrift and the Ruias look to re-enter the steel business
Advait here. Zomato founder and CEO Deepinder Goyal’s quip that he’s been waiting for a bear market for a long time must have felt like a slap in the face for retail investors who signed up for the startup’s IPO. Not to speak of Morgan Stanley, one of the lead managers of Paytm’s fiasco of an IPO, that has now pared much of its stake. So guess who else hadn’t understood Vijay Shekhar Sharma’s business model. Even as one wonders at the cockiness in all this, there’s one astounding comeback in the making taking place at the Essar group. Read …
