BluSmart allegations will erode investor trust, warns former BSE chairman S Ravi

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Sethurathnam Ravi, former chairman of the Bombay Stock Exchange, expressed deep concern over the recent allegations surrounding BluSmart, adding that such incidents will damage 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 (Sebi) flagged issues related to…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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BluSmart allegations will erode investor trust, warns former BSE chairman S Ravi


Sethurathnam Ravi, former chairman of the Bombay Stock Exchange, expressed deep concern over the recent allegations surrounding BluSmart, adding that such incidents will damage 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 (Sebi) flagged issues related to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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