SJVN raises hopes for Indian IPOs as banks fight for role on record Coal India stake sale

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SJVN raises hopes for Indian IPOs as banks fight for role on record Coal India stake sale

The listing of hydroelectric power company Satluj Jal Vidyut Nigam drew an enthusiastic response from investors this week, bucking a trend in India’s public sector and raising hopes for the pending $3bn IPO of Coal India.

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