Indian budget rocks ECM with tax worries and amid IPO boost
GLOBALCAPITAL INTERNATIONAL LIMITED, a company
incorporated in England and Wales (company number 15236213),
having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Indian budget rocks ECM with tax worries and amid IPO boost

India_parliament_230px

India’s latest budget brought good and bad news for the country’s equity capital markets. The unveiling of potential exciting new deals was dampened by the ill-thought-out removal of the dividend distribution tax, which could be a drag on some areas of ECM. Jonathan Breen reports.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article