India’s federal government raised $2B via stake sales in listed state-run companies last quarter, a rare bright spot as subdued capital markets reflect slower broader equity issuance after the Middle East conflict. The $2B proceeds suggest some investor appetite for state-backed assets, partially offsetting the issuance slowdown.
India’s federal government raised $2B via stake sales in listed state-run companies last quarter, a rare bright spot as subdued capital markets reflect slower broader equity issuance after the Middle East conflict. The $2B proceeds suggest some investor appetite for state-backed assets, partially offsetting the issuance slowdown.
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