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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.
Two ATM & cash management firms see strong investor interest and big tax mop-up comes to FM’s aid.
Ashwin here. The surprisingly bright start to ATM management firm AGS Transact Technologies’s IPO goes against the popular belief that cash is no longer king. Its peer CMS Info has already made a successful debut in the market, and a third cash management company, Radiant Cash, is set to join them. What’s the lure for investors? Someone else has shown deft management of cash. Finance minister Nirmala Sitharaman has pulled off a feat that few of her predecessors managed. It’s a good thing leading up to the Union Budget in a fortnight. But there’s a question. Read on.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
