When retail expert and all-around economy watcher Howard Davidowitz appeared on Tech Ticker in February declaring the worst was yet to come for the U.S. economy and that Americans’ standard of living has changed permanently, our comment boards lit up. But surely with the latest ral…
Continue reading...Jindal Cotex IPO to hit capital market tomorrow
MUMBAI: Textile company Jindal Cotex which is coming with over 1.12 crore equity shares will open its initial public offer from tomorrow. The company is coming with 1.24 crore shares for public subscription with price band for the issue at Rs 70-75. The Ludhiana-based company, at the …
Continue reading...Globus Spirits IPO opens on Aug 31 Listing date Buy or not
Mumbai: Delhi-based Globus Spirits announced on Tuesday that its initial public offering would open on August 31. JSW Energy to hit capital market in third week of October The price band for the issue has been fixed at Rs 90-Rs 100. The issue will close on September 2. The company’…
Continue reading...Roubini sees “big risk” of double-dip recession: Report
NEW YORK: Nouriel Roubini, one of the few economists who accurately predicted the magnitude of the world’s recent financial troubles, sees a “big risk” of a double-dip recession, according to an opinion piece posted on a website on Sunday. Roubini, a professor at New Y…
Continue reading...Crude oil hits 10-month high…ends above US$74
Weakness in the US dollar and positive economic data (from the US and Europe) bolsters optimism about economic rebound October crude futures advanced 6.2% this week Oil prices touched a 10-month high on Friday in New York, buoyed by weakness in the dollar and by positive economic data. …
Continue reading...Reflections on a Year of Crisis
One very clear lesson of the past year is that a full-blown financial crisis can exact an enormous toll in both human and economic terms. Fed One very clear lesson of the past year is that a full-blown financial crisis can exact an enormous toll in both human and economic terms. By the…
Continue reading...Jindal Cotex IPO opens on Aug 27 `09
The IPO closes on September 1, 2009. Jindal Cotex Limited is planning to enter the capital market on August 27, 2009 with a public issue of 1,24,53,894 equity shares of face value of Rs10 each. The price band has been fixed at Rs70 to Rs75 per share. The IPO closes on September 1, 2009….
Continue reading...JSW Energy IPO likely in two months
Sajjan Jindal-led JSW Energy is looking to come out with its initial public offering (IPO) in the next two months to raise about Rs 3,000 crore for partly funding its expansion plans. “Provided we get the necessary regulatory approval, we may come out with an IPO in the next two mo…
Continue reading...Sahara realty arm plans IPO to mop up Rs 5K cr
Sahara Prime City, part of Subrata Roy-led Sahara group, is planning to raise up to Rs 5,000 crore by year-end through an initial public offer (IPO), for which it will approach market regulator Sebi later this month. The company is believed to have engaged a number of investment bankers, …
Continue reading...Listless Adani debut raises doubts over NHPC success
MUMBAI: With the much-awaited debut of Adani Power on the bourses on Thursday proving to be a somewhat dull affair, investors are assessing the Gautam Adani Calculate before investing in IPO Investing for long term Pick stocks on fundamentals Fiscal & revenue deficit implicatio…
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