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With large IPOs from Hyundai, Swiggy, Afcons, Waaree and NTPC Green expected in the second half, the primary market is projected to raise over 1.5 lakh crore through IPOs alone this financial year, positioning investment bankers for a boom year.
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In a communication to bondholders, Goswami Infratech has assured bondholders of 14,300-crore NCDs (non-convertible debentures) that it is not seeking a waiver on pricing conditions, but is requesting an extension of the time to comply with restrictions imposed by capital market regulations.
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India's reserves-comprising major currencies, gold special drawing rights and reserves with the International Monetary Fund (IMF)-have been rising steadily since 2013, when the country was part of the "fragile five" category and foreign investors exited because of weak macroeconomic fundamentals.
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News and Media
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