Strong IPO pipeline promises buoyant year in India ECM
Indian equity bulls are gearing up for a busy period with the rally that began in the middle of 2014 expected to lead to a pick-up in issuance this year. The government will certainly provide some much-needed action through divestments of state-owned entities, but all eyes are on the pipeline of new IPOs, which are expected to bolster the country’s equity capital market.
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