India issues RFP for Concor divestment as Sebi tweaks IPO rules

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India issues RFP for Concor divestment as Sebi tweaks IPO rules

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The Indian government has issued a request for proposals to banks to lead the divestment of a 5% stake in Container Corp of India (Concor), which could raise as much as Rp12.9bn ($194m) based on its market capitalisation.

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