IPO Mania: India’s favourite lottery – Everyone wants the jackpot; few realise the house always wins

Are investors lining up out of long-term interest? Not at all. The game is played for listing gains. (AI image) By Ashish MenonApplying for IPOs has quietly become a national pastime. Every few weeks, millions of investors line up online, hoping for that one lucky allotment. The attraction isn’t ownership, growth, or dividends. It’s the…

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17 electronics parts projects get nod

NEW DELHI: Govt on Monday approved 17 projects under Electronics Component Manufacturing Scheme (ECMS), entailing an investment of Rs 7,172 crore. Govt wants greater involvement of domestic companies in electronics supply chain, especially in view of changing geopolitical situation, electronics and IT minister Ashwini Vaishnaw said on Monday. These projects are expected to create 11,800…

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