India records 90 IPOs since Jan 2018, highest globally: EY
India witnessed the highest number of Initial Public Offerings (IPO) globally in the first half of 2018, according to a report by Ernst & Young (EY). The country recorded 90 IPO launches, accounting for 16% of the total issues during the 6-month period. The issues raised $3.9 billion, accounting for 5% of the global proceeds, the report further stated.