Latest Updates Around The World
The proposed offering will aim to raise 40 billion rupees ($440 million), including as much as 30 billion rupees in newly issued shares and a secondary sale of 10 billion rupees by Blackstone, according to the IPO prospectus filed in December.Discussions are still ongoing and details such as the size and timing of the stock […]
A recently announced merger of India’s energy sector lenders is fueling hopes that the financing will boost energy and other key drivers of the world’s fastest-growing major economy.The Indian government has announced that it will acquire state-owned Power Finance Corp. and the REC Ltd unit. will merge. As money managers digest the details, they see […]
