Echo-nomist
We echo interesting stories from around the world, with a special focus on business and economics.
IPO Under Wraps: Public vs Confidential
Lately, I’ve noticed quite a few headlines along the lines of “XYZ company files for a confidential IPO.” After seeing the term pop up multiple times, I couldn’t help but get curious as to what exactly is a confidential IPO, and does it actually give companies any real advantages? Quick recap, Initial Public Offering (IPO)…
The Jane Street Playbook: Explained
If you’ve followed the news you would have definitely read/heard “Jane Street” and “SEBI” multiple times in the past month. Everyone was talking about whether Jane Street had manipulated the market or not. While I don’t have a direct answer to that, I did take the time out to properly understand what exactly did they…
Lost in Accounting: What Went Wrong at IndusInd Bank
Banks usually just take deposits and lend money. The difference between the interest rates on the loans they give and the deposits they keep is the profit that banks earn. On the face of it, yeah. But it’s more complicated than that. When they take deposits and lend money, is it in Dollars or Rupees…
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The Echo-nomist 