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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.
Two ATM & cash management firms see strong investor interest and big tax mop-up comes to FM’s aid.
Ashwin here. The surprisingly bright start to ATM management firm AGS Transact Technologies’s IPO goes against the popular belief that cash is no longer king. Its peer CMS Info has already made a successful debut in the market, and a third cash management company, Radiant Cash, is set to join them. What’s the lure for investors? Someone else has shown deft management of cash. Finance minister Nirmala Sitharaman has pulled off a feat that few of her predecessors managed. It’s a good thing leading up to the Union Budget in a fortnight. But there’s a question. Read on.
