MUMBAI – India’s Cabinet of Disinvestment is expected to meet in early July to ratify Maruti Udyog Ltd.’s recent Initial Public Offer, now considered a landmark event, with enthusiastic response from individual investors and strong support from the financial sector. India raised $213 million from this month’s heavily oversubscribed share offering of its largest auto maker, reportedly the nation’s largest IPO since 1988, according to Disinventment Minister Arun Shourie, who tells local ...

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