Tata Technologies' IPO garners bids worth over $18b

Tata Technologies' IPO garners bids worth over $18b

FILE PHOTO: A man walks past a Tata sign outside their offices in London, Britain March 30, 2016. REUTERS/Toby Melville

India’s Tata Technologies’ 30.43 billion rupee ($366 million) initial public offering (IPO) remained the most oversubscribed domestic IPO this week, signalling robust demand for the Tata group’s first public float in nearly two decades.