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  • Idea, BSNL agree to interconnect RCom's GSM service
  • Flight cancelled due to workers strike
  • Cancel 11 flights to & from Kolkata on 20 Aug
  • To launch Mumbai services on Wednesday
  • Deccan Aviation gets permission to fly to UK
  • RBI relief bonds can be used as collateral for bk loan
  • July Producer Price Index at 27-year high; up 1.2%
  • U.S. Housing Starts down 11% in July, lowest in 17 years
  • Board okays buy back at price not exceeding Rs.350/share
  • Cannot say if interest rates have peaked: NW
  • RBI steps, inflation to determine interest rates : NW
  • BSE Power up 0.26% , Bankex up 0.10%
  • BSE Teck down 1.38% , Consumer Durables down 1.17%
  • CNX MidCap down 0.29% , BSE Small Cap down 0.34%
  • Sensex down 0.70% at 14,543.73
  • Nifty down 0.56% at 4,368.25
  • Expectations of U.K having 2 qtrs of -ve GDP growth
  • See further concerns emerging in U.S economy
  • Govt could be lender of last resort to Fannie and Freddie
  • EMs have seen $20bn fund outflows in last 10 weeks
  • Deccan Aviation granted traffic rights on India-UK sector
  • Revenues seen flowing in from Q4'09: Sources
  • Initial order size at $20-$25mn: Sources
  • Contracts to be signed within 3 months: Sources
  • Astrazeneca, Merck visited Dishman's facilities: Sources
  • Dishman to get orders from Merck & Astrazeneca: Srcs
  • India may import 3-3.5 MT of diesel this year : Oil Secy
  • To raise tractor prices this month : Escorts
  • Aluminium, Copper prices to remain weak in H2 FY'09
  • Drop in demand from China post Olympics a concern
Updated: 19/08/08 | 11:51 AM IST
IPOs
Public sector exploration firm Oil India is likely to hit the capital market, with an initial public offering of 2.64 crore shares, in November.
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Maharashtra State Electricity Distribution Company Ltd, the power distribution arm of the state government is not going for an Initial Public Offering (IPO) as of now, a top official said.
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The government on Thursday engaged telecom PSU BSNL's workers in talks for diluting 10 per cent of the firm through an initial public offer to fund expansion plans, but the employees union fiercely opposed to the plan.
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Austral Coke Projects, a Gremach group company, got fully subscribed on the first day of its initial public offer on Thursday.
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State-run telecom firm BSNL's employees union is convinced that growth can happen without the company going for a listing, about which Communications Minister A Raja will discuss with the workers on Thursday.
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Though the initial euphoria about the big ticket initial public offerings has taken a back seat, this year the Indian IPO market is still thriving thanks to lesser known firms who are finding their way into the Dalal Street.
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State-run NHPC on Tuesday said it will file revised draft prospectus for its Initial Public Offer to raise Rs 1,670 crore with market regulator SEBI in two days.
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A new payment system for Initial Public Offers that is aimed at not blocking investors' money till share are actually allotted will be launched as a pilot by August 10, stock market regulator SEBI said on Tuesday.
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Anil Ambani on Thursday said initial public offering of two group companies Rel Infra, Globalcom would commence only after the volatility in global and domestic market subsides.
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Yash Birla group firm Birla Cotsyn on Wednesday listed at a premium of 5 per cent over its issue price of Rs 14 on the Bombay Stock Exchange.
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Special
Wholesale prices in the US rising at fastest pace since 1981
The US Labor Department said its Producer Price Index rose by 1.2 per cent in July, pushed higher by rising costs for energy and motor vehicles. Food prices rose by 0.3 per cent.
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