IPO Boom Fuels Wall Street’s India Bets Despite Risks
Across India’s small towns and bustling cities, retail investors have been snapping up shares of newly listed companies. It’s a boom that Blackstone Inc.’s President Jon Gray celebrates thousands of...
By Preeti Singh, Ranjani Raghavan, Saikat Das and Siddhi Nayak · Bloomberg
Across India’s small towns and bustling cities, retail investors have been snapping up shares of newly listed companies. It’s a boom that Blackstone Inc.’s President Jon Gray celebrates thousands of miles away in his Park Avenue office.