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04.06.26 - 17:42
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India IPO gold rush becomes foreign firms′ cash-out machine (Times of India)
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Foreign firms are increasingly cashing out of India's booming IPO market, pocketing billions instead of raising capital for expansion. Recent listings, including major players like Hyundai and LG, saw over $5 billion flow overseas. This trend, driven by high valuations, raises concerns about capital outflows and the rupee's stability, with policymakers questioning IPOs as exit routes....
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30.04.26 - 11:06
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Brookfield′s Altius Is Said to Plan $630 Million India IPO (Bloomberg)
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Brookfield Asset Management Inc. is preparing to file draft papers as early as May for an initial public offering of Altius Telecom Infrastructure Trust that could raise as much as 60 billion rupees ($630 million), according to people familiar with the matter....
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