Indian IPO fundraising has fallen to a two-year low in early 2026. Market volatility and global tensions are making companies delay their listing plans. Investors are now prioritizing profitability and realistic pricing. While a healthy pipeline exists, the second half of the year is expected to remain subdued. Large IPOs may boost numbers but could also absorb market liquidity.

INDIA-BONDS/India considers reducing taxes on bond investments by foreigners, reports Bloomberg News

Other companies that obtained approval are Horizon Industrial Parks, Surgiwear, Crystal Crop Protection, and Hotel Polo Towers. These firms are now set to launch their public offerings on the BSE and NSE.

At least 10 companies are considering reducing their planned IPO sizes to ensure successful listings amid declining investor appetite. This flexibility, allowed by the capital market regulator, permits companies to cut issue sizes by up to half without refiling. Sectors like NBFC, jewellery, and healthcare are among those exploring this option to navigate current market conditions.

Global lenders are exploring various financing options for Sun Pharmaceutical Industries' proposed $12 billion acquisition of Organon & Co. The Indian drugmaker is considering swapping Organon bondholders into Sun Pharma debt and a potential euro-denominated bond. Additionally, Sun Pharma plans to raise $3 billion to $4 billion in offshore loans, with deal approvals anticipated by December.

Twelve Indian companies announced over USD 1.1 billion in US investments across aerospace, defense, energy, and AI sectors at the SelectUSA Investment Summit. These significant investments are projected to create 1,500 jobs in the United States, with major contributions from Abhyuday Group and Sterlite Technologies Limited.

India's bank credit growth remained robust in the financial year 2025-26, with non-food credit expanding 15.9 per cent year-on-year, up sharply from 10.9 per cent in the previous year, according to the Ministry of Finance.

India has eased Foreign Direct Investment rules. Foreign companies with up to ten percent Chinese or Hong Kong shareholding can now invest in India through the automatic route. This change, effective May first, 2026, aims to boost investment. Previously, stricter rules applied due to security concerns. This move is expected to attract more global capital and support economic growth.

Vi is targeting capital expenditure of ₹45,000 crore over next three years to accelerate network upgrades, achieve 5G parity in key markets and drive a turnaround in performance. This is in addition to ₹18,000 crore it has already invested, which demonstrated tangible results, according to the management.

Corporate borrowers are increasingly favoring bank loans over bond issuances as rising capital market yields diminish the cost advantage of bonds. Spreads between bank lending rates and bond yields have significantly compressed, particularly for higher-rated entities, leading to a notable shift in fundraising strategies.

If you have been tracking the space, India’s small-business credit market is undergoing a fundamental transformation. Lending decisions once anchored in collateral and branch relationships are increasingly being shaped by cash flows, GST trails, UPI transactions, and digital operating records. For CFOs across India Inc, this is not just a lending story. It is a balance sheet story. It changes how capital is accessed, how risk is evaluated, and how growth is funded.

Alternative assets like REITs and InvITs have surpassed traditional investments. These instruments offer attractive returns and tax efficiency. Investors are increasingly drawn to these assets for predictable cash flows. The market cap of these listed entities provides ample diversification opportunities. Investors can anticipate strong internal rates of return over a four-year holding period.

EQT expects India to remain a top capital destination in its new Asia fund, with roughly one-third allocation historically. The firm sees strong buyout opportunities driven by promoter exits, especially in healthcare and services. With co-investments boosting capital, EQT targets high returns, backed by India’s growth and expanding control deal pipeline.

The four-member expert committee on settlement orders is chaired by Jai Narayan Patel, former chief justice of the Calcutta High Court. The other members are N Venkatram, country chair of Canadian pension fund CDPQ; SK Mohanty, former Sebi member; and Sarit Jafa, former deputy comptroller and auditor general.

Indian consumer sector investment declined in FY26. Investors are now favoring smaller, diversified deals over large bets. Deal volume, however, increased significantly. This indicates a market shift towards sustainable growth and operational discipline. Mega deals are absent, but early-stage funding shows resilience. Companies focus on filling gaps rather than just scaling up.

People familiar with the latest transaction said Edelweiss had put the exposure on the block as its fund lifecycle neared maturity, prompting a takeout by Omkara.

India's primary market anticipates a strong showing in 2026 with several large IPOs. Companies like Jio Platforms, National Stock Exchange, Zepto, PhonePe, Manipal Hospitals, and SBI Funds Management are set to launch. These issuances could collectively raise around ₹1 lakh crore. While deal numbers may decrease, the overall value is expected to remain robust.

The fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walmart-backed PhonePe paused its $1.3 billion IPO last month, citing West Asia conflict.

Aditya Birla Housing Finance has secured Rs 2,750 crore. Indriya Ltd, an arm of PE investor Advent International, has acquired a 14.29% stake. This transaction means Aditya Birla Housing Finance is no longer a wholly-owned subsidiary. Aditya Birla Capital now holds 85.505% of the housing finance firm. The deal was approved on April 17.

Kreditbee has achieved unicorn status after raising $280 million. This funding round values the digital lending startup at $1.5 billion. The company is preparing for a public listing. It plans to complete its merger and formally begin its initial public offering process soon. Kreditbee is diversifying its lending products and investing in new technology.