India invites banks to bid for Hudco sell-down

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India invites banks to bid for Hudco sell-down

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Large chrome billboard with written "for sale" - Tall buildings in the background | Alberto Masnovo/Alberto Masnovo - Fotolia

The Indian government is planning to launch an IPO to offload part of its position in Housing and Development Corp (Hudco) and has sent out a request for proposals to lead the transaction.

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