Sethurathnam Ravi, former chairman of the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/bombay-stock-exchange” target=”_blank”>Bombay Stock Exchange, expressed deep concern over the recent allegations surrounding ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blusmart” target=”_blank”>BluSmart, adding that such incidents will damage ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/investor-trust” target=”_blank”>investor trust and tarnish the broader perception of the startups.
Ravi, the former BSE chairman and founder of Ravi Rajan & Co, warned that such actions could shake the confidence of investors in the new ventures and tarnish the credibility of even the well-established startups.
Recently, market regulator Securities and Exchange Board of India ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sebi” target=”_blank”>Sebi) flagged issues related to…
