Ambani Reliance Power powered by the largest ever IPO in India
NI Wire, Wed, 16 Jan 2008
The over subscription of the Initial Public Offering (IPO) of Anil Dhirubhai Ambani group - Reliance Power has made it the largest ever IPO in India. It recorded a 10.5 times over subscription on its first day of offering on Tuesday.
Bajaj auto to sell super bikes in India
NI Wire, Sat, 12 Jan 2008
Now ‘Lakhtakia Car’ is sparkling in the news in whole media and likely to buzz in the Indian market soon but it will not be easily available for every one because of its extreme demand before coming on the road, whereas ‘Singur’ matter is still
DoT allocates GSM spectrum to RCom in 14 circles
NI Wire, Sat, 12 Jan 2008
Anil Ambani-owned Reliance Communications (RCom) has finally got the green signal from government to allocate GSM spectrum in remaining 14 circles in India on Friday under Pan-India GSM mobile licence. Now Reliance can operate its GSM service in
UTI AMC to be first to file IPO papers
NI Wire, Fri, 11 Jan 2008
Unit Trust of India (UTI), the oldest and second largest mutual fund is going to be the first Asset Management Company (AMC) to introduce its first Initial Public offer in the market. For this UTI AMC has filed the Draft Red Herring Prospectus before
Economists favour no deduction in direct tax rates
NI Wire, Thu, 10 Jan 2008
“Taxes should not be cut because of fiscal stress�, advised economic experts to Finance Minister P Chidambaram before beginning a pre-budget session in the parliament. In a group meeting of financial and economic experts includes top
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