Friday, August 21, 2009



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JSW Energy IPO likely in two months

Posted: 21 Aug 2009 09:59 AM PDT

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...

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Sahara realty arm plans IPO to mop up Rs 5K cr

Posted: 21 Aug 2009 09:57 AM PDT

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, ...

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Investor optimism surges to six-year high: Merrill Lynch

Posted: 21 Aug 2009 08:23 AM PDT

Investor optimism about the global economy has soared to its highest level in nearly six years, with fund managers across the world putting their cash back into equity markets, a Merrill Lynch survey has said.A net 75 per cent of the fund managers surveyed in August across the globe belie...

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25% shares in all listed companies to be public owned: Govt

Posted: 21 Aug 2009 08:21 AM PDT

NEW DELHI: The finance minister has put his seal of approval on a proposal that could willy-nilly lead to disinvestment in many of India's biggest listed public sector companies starting as early as April 2010. Pranab Mukherjee has okayed a plan that will make it compulsory for at leas...

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Listless Adani debut raises doubts over NHPC success

Posted: 20 Aug 2009 10:39 PM PDT

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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