MUMBAI (NewsRise) -- The initial public offerings of Indian companies are poised to touch a record this fiscal year as a strong investor appetite for stocks in Asia's third-largest economy spurs a boom in primary market.
A clutch of private and state-owned insurance companies -- HDFC Life, SBI Life, National Insurance Co. and General Insurance Co. -- are set to tap the stock market later this year with offerings worth as much as 370 billion rupees ($5.79 billion).
