SEBI’s technology-driven efforts have accelerated IPO timelines significantly, reducing them from months to days. Reevaluating the mandatory 50% allocation to retail and HNI investors could further streamline IPO processes and improve market efficiency, suggesting alternatives like increased institutional involvement or mutual fund schemes for retail investors.
TCS’ operating efficiency to bring shine amid muted top-line show
TCS is expected to report a 0.4% sequential revenue drop for Q3 FY24 due to furloughs and currency headwinds. Net profit may grow 5.8% to