India raises $2.7 billion in LIC IPO priced at top of range
NEW DELHI: India raised 205.6 billion rupees ($2.7 billion) as its biggest initial public offering priced at the top of the indicated range following strong demand from local investors and a last-minute dash by foreign funds. Life Insurance Corporation of India will offer at 949 rupees a share, the state-run firm said in a prospectus … Read more