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India IPO plans worth $50 billion face risk after U.S.-Iran ceasefire ends
CNBC World says IPO activity in India had been gaining momentum after a slow start, with $50 billion in offerings lined up before the policy shift.
CNBC World reports that India has about $50 billion worth of IPO plans ready to enter its markets, following a slow start earlier in the year.
The outlet says those plans are at risk after the U.S. ended the ceasefire with Iran.