divestments
31 July 2009
After a near-hiatus for almost one year the IPO pipeline has finally filled up this July. No company wants to be left behind by the cheap cash-for-equity gravy train, the gold rush now appears to be self-sustaining – at least for the time being.
The distribution of spoils among Indian law firms is likely to be less even-handed.
10 June 2009
Amarchand, Ashurst and Luthra & Luthra have restarted their work on the exhumed Oil India initial public offering (IPO), which the government hopes will fill its coffers by up to Rs 2,400 crore ($500m).