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SEBI Bars Poonawalla Fincorp MD & CEO Abhay Bhutada and 7 Others From Markets For Insider Trading in Magma Fincorp

Market regulator Securities and Exchange Board of India (SEBI) has barred Abhay Bhutada, managing director (MD) and chief executive officer (CEO) of Poonawalla Fincorp (erstwhile Magma Fincorp)

Poonawalla Fincorp MD & CEO Abhay Bhutada Resigns After SEBI Bars Him and 7 Others For Insider Trading in Magma Fincorp

Poonawalla Fincorp MD & CEO Abhay Bhutada Resigns After SEBI Bars Him and 7 Others For Insider Trading in Magma Fincorp
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ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train!

ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train! Want this newsletter delievered to your inbox? SUBSCRIBE We ll soon meet in your inbox. / Morning Dispatch Hi everyone, Samidha here. This year has been different for me as a reporter-editor who covers the technology and startup sector. In my many years, almost a decade now, of being on the inside track of this industry, I have always asked why startups (especially ones that have scooped up billions of dollars in investor capital) do not go public in India. Isn t that the holy grail for all venture-funded companies? I was always given answers like: the India market is still small compared to those in China and the US… startup valuations are simply out of whack. founders aren t building companies with the kind of discipline that s needed to take them to

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