India IPO round-up: Vodafone, Avenue Supermarts, NSE

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By John Loh
16 Nov 2016

Vodafone will not launch an IPO for its India business before March, even as the UK telecommunications giant wrote down the value of its India arm by €5bn ($5.4bn) following mounting domestic competition.

Still, the company may file a preliminary prospectus for the listing next month, according to sources close to the matter. 

Vodafone said in an earnings statement on Tuesday that it intends to proceed with an IPO of Vodafone India “as soon as market conditions allow”, although not in the ...

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