India flush with ECM deals as foreign inflows surge

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By Jonathan Breen
20 Feb 2020

India’s equity capital markets have had a strong start to the year, pumping out a steady flow of large IPOs and secondary share offerings on the back of a big uptick in foreign investment. The country’s ECM pipeline is offering banks relief amid a slowdown in Hong Kong. Jonathan Breen reports.

India has witnessed a dramatic surge in the inflow of foreign capital as global investors look to re-assign funds from the coronavirus-hit Chinese and Hong Kong markets, said a senior ECM banker in Mumbai.

“Because India has always been in the top three markets in Asia, and with ...

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