Description: Coal India Ltd. will sell as much as 151.54 billion rupees ($3.4 billion) of shares in the nation’s biggest initial public offering, helping the government raise funds to build roads and power plants as IPOs in Asia surge.

Source:  Bloomberg.com

Date: 10/13/2010

Link: http://www.bloomberg.com/news/2010-10-12/coal-india-to-sell-stock-at-225-rupees-to-245-rupees-in-initial-share-sale.html

Questions for discussion:

Summarize the activities reported and their significance for investors.

• What is the significance of the shift in financial structuring taking place?
• How might you expect investors to respond to this development?
• What does this suggest about the role played by the respective governments?
• How can currency fluctuations affect investor decision-making?