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IL&FS Transportation Network's (ITNL) initial public offering was subscribed 33.09 times on Monday. The issue which closed today received bids for 79.26 crore shares against the 2.37 crore shares on
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The initial public offering (IPO) of ILFS Transportation Networks (ITNL), which closed today, has seen overwhelming response. It has subscribed 33.09 times so far, as per data available on the NSE website.
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Strong IIP data for 2 months now indicates that domestic demand is rising faster than expected. Economy is in a fast recovery mode and RBI will need to start lifting policy rates towards normalised levels, says Chetan Ahya of Morgan Stanley.
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Angel Broking has come out with its report on the markets. The research firm says that the trend deciding levels for the day on Sensex and Nifty are 171795139 respectively.
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A Parliamentary panel has recommended that a timeframe be specified for obtaining the consent of the beneficiary of the trust and investing the funds. Simply put, private trusts may be required to utilise the trust funds within a specified
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Outsourced software product developer, Persistent Systems' 54 lakh shares initial public offering will open on Wednesday. The price band for the issue has been fixed at Rs 290 – 310. The company plans to raise up to Rs 168 crore through the
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In a joint discussion on CNBCTV18, Vetri Subramaniam of Religare Mutual Fund and Prithvi Haldea, MD, Atherstone Insitute of Research gave a thumbs down to the recently concluded NMDC followon public offer.
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The relative expensiveness of the real exchange rate means that from an equity standpoint Asian equities look more attractive, says Chris Wood of CLSA.
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Delhi's Congress party-led administration has backed away from tabling controversial legislation limiting the liability of foreign nuclear reactor suppliers in case of a nuclear accident
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Investors with a short-term perspective can buy the stock of Mahindra Ugine Steel Company. It bucked the lackadaisical market trend on Monday to close almost 4.6 per cent higher accompanied by strong volumes. The stock is in a strong up-trend
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Citi has appointed Mr Keshav Sanghi as head of the India Equities. He had joined Citi in January 2010 as Head of Sales and Deputy Head of equities for the Indian
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The stock price of Jayshree Chemicals Ltd (JCL), a S K Bangur Group company, has been declining in the past one month, ever since it announced the rights
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Government owned United Bank of India has fixed Thursday, March 18, 2010 as the listing day for its equity shares, which issued recently via public issue of 5 crore shares.
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The initial public offer (IPO) of Pradip Overseas, a textile manufacturer with a niche focus on home linen products, has received good response from investors. It has been subscribed 8.58 times so far.
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