Foreign firms leverage India's IPO boom for profit repatriation, with nearly $5 billion withdrawn through secondary-offering IPOs since 2024.

Foreign firms leverage India's IPO boom for profit repatriation, with nearly $5 billion withdrawn through secondary-offering IPOs since 2024.

Foreign companies are increasingly using India’s booming initial public offering (IPO) market to cash out investments and send billions of dollars back to their home countries…