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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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  • State-owned enterprise Qinghai Provincial Investment Group Co is making a rapid return to the international debt market, launching a new dollar bond on Tuesday about four months after its debut.
  • India’s Au Small Finance Bank is on track to price its IPO at the top of guidance, raising the lender Rp19.1bn ($294.5m) after the deal was subscribed more than 50 times.
  • India’s Cadila Healthcare has received board approval to sell foreign currency bonds, a first for the company.
  • National Multi Commodity Exchange (NMCE) and Indian Commodity Exchange (ICEX) have agreed to merge, with both parties expecting to complete the move by December.
  • The Republic of Tajikistan is one step closer to selling its first dollar bond after gaining parliamentary approvals recently.
  • Malaysian petrochemical firm Lotte Chemical Titan Holding has relaunched its up to MR5.9bn ($1.4bn) IPO and is taking orders for a day, slashing the price range and offering size to secure additional long-only investors.
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