DNA Money 23 April 2009
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Jagannadham Thunuguntla, director (merchant banking), SMC Global Securities, told DNA Money, "With the severe correction in capital markets, equity fund rising in the form of IPO, rights issues or private equity has virtually dried up. However, the debt markets are in a comeback zone with the corporate world and investment bankers shifting focus to fund rising in the modes of bonds, fixed deposits, etc."
