After the mega listing of the India arm of a global electronics giant last year, the government appears keen to keep the momentum going. There’s a push underway to coax more big-ticket names from the sector to tap local markets. Word is that the CEO of a Japanese firm, currently in aggressive expansion mode in India, has been gently but firmly encouraged to consider an IPO. But the rather persuasive nudge hasn’t yet resulted in a decision, and from what we hear it may not work on this occasion.
(For more on our weekly roundup of wackiest whispers and murmurs in corporate corridors & policy parlours, pick up today's edition of The Economic Times newspaper)
Suits & Sayings