(Bloomberg) -- ICICI Bank Ltd. and DLF Ltd.'s plans to sell a combined $7 billion of stock may herald a revival in fund raisings by Indian companies after equity issuance more than halved from last year's record high.
DLF, a New Delhi-based real-estate developer, received regulatory approval this week to sell at least $2.1 billion of shares. ICICI Bank, India's largest by market value, is raising $5 billion in India and overseas, the biggest such sale.
Read more at Bloomberg Emerging Markets News
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