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India share sales next year forecast to top 2017 record

Companies eager to raise funds amid booming stock market: Kotak Mahindra Bank

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Kotak Mahindra is the biggest arranger for share sales in the country after Citigroup, and takes the lead when it comes to helping financial services companies raise funds, according to Bloomberg data.

Mumbai

EQUITY issuance in India next year will outdo 2017's record as a slew of companies take advantage of a booming stock market to raise growth capital, according to a top arranger of share sales in the nation.

First-time share sales have raised more than 762 billion rupees (S$...

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