Our man in Hyderabad
Citigroup's India CCO and CIB head, Sanjay Nayar shares his views at the ADB meeting on why Indian companies are busy raising so much money.
India's capital markets are hotter than ever. What is prompting this issuance and is it sustainable? The increasing use of capital markets by India inc is in part due to the growing trend of offshore M&A from India and re-emergence of capex for catering to the growing local demand. India is home to some world-class companies and they are increasingly looking offshore to diversify their portfolios. So far this year, Indian companies have announced 47 overseas acquisitions, worth ab…
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