India tightens IPO valuation scrutiny, jolts startups eyeing listings: Report

India#39;s push comes after the flop listing of SoftBank-backed payments firm Paytm#39;s $2.5 billion IPO in November which sparked criticism of lax oversight of how loss-making companies price issues at what some say are lofty valuations.

from Moneycontrol Business News https://ift.tt/BAkyiYp