Maruti deal set to be blowout success

The size of the Indian domestic privatization will be the biggest for eight years.

The government's long planned sale of a 25% stake in car manufacturer, Maruti is proving to be a success beyond most peoples previous reckoning. Only a couple of months ago there were many sceptics who felt the government would fail to sell the deal at the floor price it had set.

However, on the first day the book opened the deal was already 1.2 times subscribed. According to local bankers this is the first time in Indian capital...

To continue reading, please login or register for free

Click for more on: maruti | deal | set | blowout | success

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...