Foxconn’s India unit Bharat FIH files for Rs 5,000 crore IPO

Hong Kong-listed FIH Mobile Ltd’s India unit Bharat FIH Ltd filed for an initial public offering of up to 50.04 billion rupees ($662.97 million) on Wednesday, according to its draft prospectus. Shares of FIH Mobile, a unit of Apple Inc supplier Foxconn, surged 6.7% earlier in the day in Hong Kong after…