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Bank of America Expects India Fundraising to Be Busier Than Ever.

Authors :
Kalesh, Baiju
Source :
Bloomberg.com; 2/19/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

According to Bank of America, fundraising activity in India is expected to be stronger than ever over the next two years. The co-head of investment banking in India predicts that 2024 and 2025 will be the busiest years for initial public offerings (IPOs) in the country's history. Several conglomerates, tech firms, and financial services providers are seeking capital for growth, while owners are taking advantage of the opportunity to sell their holdings. The robust economy, growing retail investor base, and favorable conditions for IPOs are contributing to this trend. Additionally, global investors are shifting billions of dollars into India as China faces challenges in its stock and property markets. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
175525726