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India IPO gold rush becomes foreign firms’ cash-out machine
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 rather than raise fresh capital for expansion, according to a Reuters analysis.
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thehindubusinessline.com
Global firms exploit India's IPO boom to take profits back to home countries
Foreign firms leverage India's IPO boom for profit repatriation, with nearly $5 billion withdrawn through secondary-offering IPOs since 2024.
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timesofindia.indiatimes.com
India IPO gold rush becomes foreign firms’ cash-out machine
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…