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 Recent outrage on the raw deal investors have got with Osian’s art fund would be funny, if only many “innocents” hadn’t got burnt. Talking about manias, this was surely one – or at least a micro-mania! The fund raised over Rs 1 billion, and several others (Edelweiss Capital Yatra Art >>read more…  IPOs in India invariably tend to attract huge media hype and analyst comment. No doubt this is a result of the substantial marketing spends legally carved out of IPO proceeds. Merchant bankers, PR and advertising agencies, and numerous others are rewarded well to promote IPOs. Analysts and journalists >>read more… |
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