Fabindia shelves $482 million IPO due to rough market conditions
Fabindia withdraws its ₹40 billion ($482.4 million) initial public offering amid rough market conditions. | Photo Credit: The Hindu Apparel retailer Fabindia on Monday said it has withdrawn its ₹40 billion ($482.4 million) initial public offering amid rough market conditions, becoming the latest company to scrap listing plans as interest rate worries pressure stock markets. […]
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