Sify Infinit Is Said to Put $391 Million India IPO on Hold (opens original article in a new tab)

Sify Infinit Spaces Ltd. has put its planned 37 billion rupee ($391 million) initial public offering on hold, adding to a growing list of companies delaying share sales because of India’s weak stock market.

• Sify Infinit Spaces Ltd. has put its planned 37 billion rupee IPO on hold
• The IPO was valued at $391 million
• Companies are delaying share sales due to India's weak stock market