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