INDIA EQUITY, EQUITY-LINKED ISSUANCE SLOWS DOWN 37.1%
Equity and equity-linked issuance by Indian companies raised a total of US$9.4 billion during the annual period of 2013, a 37.1% decline from the comparable period in 2012, and the lowest annual period since 2011 (US$8.7 billion). Follow-on offerings captured majority of India’s equity capital markets activity with US$9.0 billion worth of proceeds, a 31.5% …