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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.
The B2B marketplace has done almost everything right, attracting value investors like Pulak Prasad. Yet, the stock continues to languish.
IndiaMART InterMESH Ltd, the country’s largest business-to-business marketplace, has a lot going for it.
The business is not just debt-free, but it throws out so much cash that the income from managing it is a substantial part of its net income. The moat is so strong that the company’s name is almost synonymous with its service. Customers are happy to pay up front and hope to get the promised services at some point. And did we mention that the cash on its books is a quarter of its market capitalization?
Yet, the stock continues to languish. It has delivered a …
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.
As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
