“Our markets may react negatively and if the markets need an excuse to fall, it will take cues from the Karnataka state polls,” said Andrew Holland, CEO of Avendus Capital Alternate Strategies.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000