Jittery equity markets burn Asian IPOs from South Korea to India

Life Insurance Corp of India’s $2.7 billion share sale, a milestone for Prime Minister Narendra Modi’s administration and the biggest ever in the country, had its final size cut by 60% as the war in Ukraine dented risk appetite.

Jittery equity markets burn Asian IPOs from South Korea to India
Life Insurance Corp of India’s $2.7 billion share sale, a milestone for Prime Minister Narendra Modi’s administration and the biggest ever in the country, had its final size cut by 60% as the war in Ukraine dented risk appetite.