After multiple warnings, the regulator is finally attempting to make the market safer for retail investors trading in the segment
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The past two months have seen the founder and chief executive of the low-cost airline battle intense regulatory scrutiny and suspension of senior executives. While a smart management move has brought some peace, the airline’s troubles are far from over.
Consumption took centre stage, while some sectors got more attention than others. But Nirmala Sitharaman’s budget failed to enthuse the markets.
Some research analysts have announced a closure of operations, fearing higher compliance costs. But it may be too soon to take such a call.