Capital Infra Trust InvIT, sponsored by GCL, will debut on exchanges with units potentially listing at a premium. Focused on infrastructure assets, the IPO funds will repay external borrowings and fund project SPVs. InvIT operates in India’s extensive road network sector.
Adani Ports, Bharti Airtel among 5 key additions to Bernstein India model portfolio; HDFC Bank, RIL excluded
Brokerage firm Bernstein has updated its India model portfolio, adding five new stocks and removing four.