"The dot-com boom and bust had no huge capital expenditure in that cycle," Damodaran said. "When the bust came, shareholders lost 60%, 70%, 80% or 90% of their money. The loss was restricted to the shareholders."
Indian passport, visa and attestation services in the UAE will be suspended from June 26 to 30 due to a provider transition. Emergency services will remain available, while Al Hind Tours and Travel LLC takes over operations from July 1.
Turtlemint Fintech IPO is a book-built issue worth Rs 882.67 crore, comprising a fresh issue of 4.35 crore shares valued at Rs 660.72 crore and an offer-for-sale of 1.46 crore shares worth Rs 221.95 crore.