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Indian regulator loosens its grip to give fillip to ECM deal flow
India’s equity capital markets have welcomed a temporary loosening of rules around IPOs and rights issues, with bankers saying it could help push out deals as soon as market conditions stabilise. Jonathan Breen reports.
The Securities and Exchange Board of India announced a one-time relaxation of rules governing IPOs and rights issues this week.
The move is the latest effort by Sebi to keep the wheels of the capital markets turning as the coronavirus pandemic continues to keep the country’s population at ...Already a subscriber? Login
