Pine Labs, an Indian fintech company, has reduced its initial public offering size. Existing investors will sell fewer shares, and the company will raise less new capital. The IPO is scheduled for November 7 to November 11. This move comes as India sees a busy primary market with several other tech firms also planning listings.
Venugopal Garre on AI, earnings and why India’s market valuations may stabilize
Global markets face turbulence from geopolitical tensions and rising oil prices. Venugopal Garre advises investors to adopt a long-term perspective, building portfolios for the next