Hyderabad: OIL India Ltd, whose Rs 2,772-crore IPO is set to open on September 7, is not jittery about the lukewarm response NHPC’s issue got from the bourses on Tuesday. NHPC’s shares closed marginally above the issue price on Tuesday. Talking to press persons as part of the…

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Melting Himalayan glaciers and other climate change impacts pose a direct threat to the water and food security of more than 1.6bn people in South Asia, according to preliminary findings of a new study financed by the Asian Development Bank (ADB). Melting Himalayan glaciers and other cli…

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Godrej Group’s realty arm Godrej Properties expects to hit the capital market in the next couple of months, if the current uptrend in the market continues. The company said it has already got clearance from Sebi for the IPO, which will involve fresh capital issue of 13.5 per cent s…

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Mumbai: Pipavav Shipyard, which plans to raise over Rs 550-crore through an initial public offering, is likely to enter into the capital market by September 16, a source close to the development said. The IPO would consist of 8.54 crore equity shares of Rs 10 each and the proceeds would …

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Call it the effect of the Congress-led United Progressive Alliance (UPA) government or a hope of a revival for the Indian stock markets, the country has witnessed an inflow of nearly Rs 23,700 crore from overseas investors since the new term of Prime Minister Manmohan Singh. An analysis …

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Seven out of the top-10 coveted firms in the country saw their total market capitalisation climb over Rs 51,000 crore in August, while state-run NTPC, MMTC and SBI witnessed value erosion.The country’s most valued firm Reliance Industries (RIL) added Rs 17,816 crore to its market-ca…

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If it is a fraud to conceal fraud, consider this a sincere effort to shed some light. With 697 cases of fraud filed under the Companies Act and Fraud Top Accounting scandals | Satyam’s rise, fall & resurrection | Decoding the Satyam buy | The Great Fall of Satyam | The c…

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Plans to raise networth requirement for floating portfolio services.The Securities and Exchange Board of India (Sebi) is planning a five-fold increase in the ticket size for investing in portfolio management service (PMS) schemes — from Rs 5 lakh to 25 lakh. After making it mandatory t…

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NEW DELHI: The government is considering divesting some of its stake in the country’s largest steel producer SAIL and the same may be discussed in the PSU’s board meeting scheduled tomorrow. The equity sale could go along with the proposed public issue of the PSU and it is …

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Bangalore: Kishore Chhabria’s Allied Blenders & Distillers (ABD) will finally go ahead with its IPO to raise about Rs 250 crore for funding its expansion plan which includes setting up of distilleries and launch of new brands. ABD’s Executive Vice-Chairman and Chief Exec…

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