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19-01-2024 01:55 PM | Source: Reuters
India`s market regulator says probing three IPOs for inflating subscriptions
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India's market regulator is investigating three initial public offerings (IPOs) for allegedly inflating the number of subscriptions received, its chairperson said at an event on Friday.
The Securities and Exchange Board of India (SEBI) is working on measures to curtail such malpractices, Madhabi Puri Buch said.
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