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Fund raising via IPOs hit lowest level in 12 years during 2013

Last Updated: Thursday, January 2, 2014, 16:08

Amid volatile equity market, Indian companies mopped-up Rs 1,619 crore in 2013 through initial public offerings, the lowest level in 12 years.

Apollo's failed deal sows doubt on future India M&A

Last Updated: Tuesday, December 31, 2013, 14:56

The ambition from Indian mid-sized companies for large debt-fuelled acquisitions abroad was dealt a major setback after the unravelling of a USD 2.5 billion bid by Apollo Tyres to buy Cooper Tire & Rubber Co.