IKEA seeks a way through masala muddle

New restrictions on masala bonds issuance will prove a headache for MNCs used to financing onshore operations with offshore cash


For multinational corporations (MNCs) like IKEA, India is a perfect fit; a rapidly expanding urban middle class, large industrial and greenfield sites for its warehouses and a growing taste for the kind of minimalist Scandie-designed homeware for which...

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