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Fraud concerns raise red flags for India's booming tiny IPOs https://t.co/KcszCSKfra
India regulator plans tighter rules for listing of small businesses, sources say https://t.co/zPZRciYsb7 https://t.co/HhlhbMltLh
Concerns over potential accounting fraud in small Indian IPOs have prompted increased scrutiny, leaving investors on high alert.
India's securities regulator, SEBI, is cracking down on small businesses amid concerns over accounting fraud in Indian IPOs. Varanium Cloud Services is highlighted for alleged pump and dump tactics. Tighter rules for listing small businesses are being planned to address the issue.