Major offering: Pedestrians walk past the Bombay Stock Exchange building in Mumbai. Bureaucrats are burning the midnight oil in New Delhi, working through power cuts to pull together an IPO for Life Insurance Corp of India. — AFP
MUMBAI: In Mumbai’s sleek skyscrapers, harried bankers race the clock to appraise a company that hasn’t been valued in decades.
Bureaucrats burn the midnight oil in New Delhi, working through power cuts to pull together an initial public offering (IPO) to rival any in Asia this year.
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