View: The IPO rush in the US illustrates the capital opportunity India is wasting

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By failing to take advantage of the surfeit of global capital scouring the world for profitable deployment, the government fails the people of India, in desperate need of growth, incomes and jobs. Synopsis There is an IPO fever raging in the US, apart from Covid-19. It shows that there is a mass of capital out … Read more

Buffett-backed Snowflake’s value doubles in stock market’s largest software debut

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Snowflake Inc’s shares more than doubled in their New York Stock Exchange debut on Wednesday, a day after the Warren Buffett-backed data warehouse company raised more than $3 billion in the largest U.S. listing of the year thus far. Snowflake’s spectacular market debut reflects the hearty appetite for new stocks, as low interest rates drive … Read more