A feeder road giving access to India’s first superhighway, The expressway between Mumbai and Pune. (Photographer:Santosh Verma/Bloomberg News)

Pune Municipal Corporation Bond Issue Oversubscribed

The Pune Municipal Corporation (PMC) raised Rs 200 crore via a bond issue, which many saw as a test case for the revival of municipal bonds in India.The bond issue, the book building process for wh...

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