How Indian new-age companies turned around before IPOs but went back to losses right after
A Mint analysis reveals that several new age Indian companies showed profit or reduced losses prior to their IPOs by turning to temporary financial adjustments. Experts call for stricter regulatory scrutiny because this trend misleads investors on the health of these companies.
A Mint analysis reveals that several new age Indian companies showed profit or reduced losses prior to their IPOs by turning to temporary financial adjustments. Experts call for stricter regulatory scrutiny because this trend misleads investors on the health of these companies.
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