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Science The tides that make Guinea-Bissau's islands a haven for wildlifeBusiness India's biggest IPO of the year draws $31bn in bidsTechnology Xi calls for global AI cooperation, and pitches a China-led body to run itWorld Japan revises royal law to secure heirs, but keeps ban on female emperorsSports Pelé's 1958 World Cup final shirt sells for $4.9mWorld Gay-themed cruise turned away by Turkey, then EgyptTechnology Australia moves to put environmental limits on AI data centresWorld Debris from intercepted Iranian strikes sparks fires in KuwaitScience The tides that make Guinea-Bissau's islands a haven for wildlifeBusiness India's biggest IPO of the year draws $31bn in bidsTechnology Xi calls for global AI cooperation, and pitches a China-led body to run itWorld Japan revises royal law to secure heirs, but keeps ban on female emperorsSports Pelé's 1958 World Cup final shirt sells for $4.9mWorld Gay-themed cruise turned away by Turkey, then EgyptTechnology Australia moves to put environmental limits on AI data centresWorld Debris from intercepted Iranian strikes sparks fires in Kuwait

Topic: mumbai

The Mumbai skyline at night
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Friday, 7/17, 04:32 AM

India's biggest IPO of the year draws $31bn in bids

  • SBI Funds Management, India's largest asset manager, drew bids worth about $31 billion in its stock market debut, one of the country's most heavily oversubscribed offerings.
  • Institutions drove the frenzy, a sign of confidence in India's markets before even larger listings to come.

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