A sextet of large insurance IPOs kick off with the launch of an $890 million deal for ICICI Lombard. Are investors happy to be showered with up to $6 billion of highly valued paper?
The rundown of FinanceAsia's Country Awards winners continues with India, where Axis Bank and Axis Capital, Edelweiss Finance and ICICI Securities were also winners.
Falling interest rates should be good news for India's prospective new asset class — infrastructure investment trusts — as long as issuers price the first few deals to perform.