Indian nonbanking financial company SK Finance has delayed bookbuilding for an up to Rs17bn (US$194m) IPO as it awaits orders from large domestic mutual funds, people with knowledge of the transaction said.
The Trump administration’s opposition to offshore wind has been partially blamed for derailing Denmark’s Orsted selling a stake in its Sunrise Wind project in the US and putting it on the path to a fully guaranteed DKr60bn (US$9.36bn) capital increase.

Indian nonbank financial company Tata Capital is banking on investor faith in Tata Group to ensure that its up to Rs170bn (US$1.93bn) IPO planned for September goes smoothly.
Bullish, the Thomas Farley-led crypto exchange, is now seeking to raise up to US$990m from its NYSE IPO after both upsizing and increasing the valuation being targeted on the offering.
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