 "internet, data, tech, welfare schemes")
Special Purpose Acquisition Companies or SPACs are rapidly gaining traction on Wall Street. As shell companies floated typically by celebrities to acquire other companies, they offer start-ups a convenient way to list on the stock markets. But, as the edit points out, allowing these opaque entities to operate in India is an exercise fraught with risk, given the market regulator’s limited monitoring capabilities. Instead, a more transparent and easier process to allow start-ups to list would probably work better in India. Read it here
Other views examine the urgent need to end the loan moratorium, the future shocks embedded in
