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NTPC and REC follow-on offers to hit the market this fiscal

Posted on: September 2nd 2009 in Stock News.

NEW DELHI: State-owned utilities NTPC and Rural Electrification Corp will hit the capital market with their follow-on public offers to raise about Rs 9,000 crore by the end of the current financial year. “NTPC and REC follow-on issues will come up before March 2010,” Power S…

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