business
Coal India Unit SECL Said To Hire Banks For $800 Million IPO

Discussions are ongoing and details including the size and timing of the offering could change.
South Eastern Coalfields Ltd., a unit of state-run Coal India Ltd., has hired banks for an initial public offering in Mumbai that could raise as much as $800 million, according to people familiar with the matter.
The coal producer has appointed ICICI... [1517 chars]
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