India regulator pushes for scrutiny of unprofitable IPO hopefuls

Volatile market puts brake on tech listings as blockbuster LIC offering looms

20220228 India Investor

India's retail investors may be put off new listings by the recent slump in IPO stocks. © Reuters

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- India's capital market regulator is advocating stricter scrutiny of companies planning to list their shares, particularly those in the red, amid the drubbing of technology stocks.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.