UTI AMC IPO

A glut of AMC shares can depress valuations as scarcity vanishes When the UTI AMC filed the draft red herring prospectus (DRHP) for its IPO, it was already anticipated. Like in case of other AMCs, the IPO of UTI AMC will be structured as an offer-for-sale, wherein the existing shareholders of UTI will get partial…

Soft Bankruptcy

India must handle soft bankruptcy cases a lot more deftly CRISIL recently published a report about the Rs.70,000 crore collected through NCLT in the fiscal year 2018-19. The collections in the current fiscal are likely to be closer to Rs.1 trillion. According to CRISIL, this represents 43% realization that is at par with global best…