Tenneco Clean Air India is said to plan IPO in November

Tenneco Clean Air India, a unit of US-based Tenneco, plans a Rs 3,000 crore IPO next month, seeking a $2 billion valuation. The offer, entirely an OFS via Tenneco Mauritius Holdings, comes amid India’s strong IPO wave. Axis Bank, JM Financial, HSBC, and Citigroup are advisors.