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.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while