India Soars to Second Busiest Market Globally for Equity Deals, Banks Lead Charge on Blockbuster IPO Pipeline
• India seeing record level of equity deals - accounts for 10% of global total in Q1 • India second busiest market globally for deals after the US amid weak activity in wider Asia • Large IPOs upcoming - Hyundai unit aiming for $3B, Vishal Mega Mart targeting $1B valuation • India's national stock exchange third most active globally behind NYSE and Nasdaq • Banks like Citi, BofA and ICICI leading in advising on India deals