India’s IPO boom is increasingly funding debt repayment over growth initiatives. Data reveals that nearly a quarter of funds raised in recent share sales are allocated to paying off borrowings, surpassing capital expenditure. This shift suggests companies are prioritizing balance sheet repair and liquidity for insiders rather than investing in new projects.
Project Sudarsan: How Sebi is using AI to police finfluencers with 60% of investors trusting their advice
Sebi is stepping up its use of artificial intelligence to monitor misleading financial advice on social media. Its Project Sudarsan tracks unsolicited advice, while Sebi