India: The beeline for IPOs in August may be a sign of something darker

India: The beeline for IPOs in August may be a sign of something darker

The building of the Bombay Stock Exchange in Mumbai. Credit: Wikimedia Commons

India’s markets regulator faced one of its busiest months in August as a record 29 companies filed draft prospectuses for public listings, underscoring the ongoing frenzy in India Inc. to exploit a runaway rally in equity markets.

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