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Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next few years, one of the biggest investment bankers said on Tuesday.
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United Hospitality Management (UHM), a global leader in luxury and mixed-use hospitality management, on Tuesday announced its foray into India with the acquisition of Rosastays – a boutique hospitality brand with 17 operational properties.
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Nearly one-fifth of India’s operational shopping centres fall into the category of ‘ghost malls’ and reinvigorating just 15 such centres with 4.8 million square feet space can unlock Rs 357 crore in annual rentals, a report said on Tuesday.
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Ireland’s debt agency plans to raise between 10 billion euros ($11.6 billion) and 14 billion euros on the bond market in 2026, up from a target of between 6 billion to 10 billion euros this year, it said on Tuesday.
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Indonesia raised 8 trillion rupiah ($480.19 million) in an Islamic bond auction on Tuesday, higher than the indicative target of 7 trillion rupiah, its finance ministry said.
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