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PSU public offers: Investors pour in Rs 12,600 crore
NEVER has so much money come into so few public issues in so short a span of time, as has happened during the past three weeks. A whopping Rs 12,600 crore were poured into a slew of offers by retail and high net worth investors. These PSUs, ...
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ONGC issue oversubscribed six times
THE public issue of Oil and Natural Gas Corporation (ONGC), which closed today, has been oversubscribed almost six times. According to the latest figures available on the BSE Web site, the issue received bids for 86 crore shares (i.e., ...
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First ODI: Prasar Bharati rakes in Rs 10 cr in ads
PRASAR Bharati seems to have made a killing on the first One Day International match played between India and Pakistan in Karachi. It managed to sell over 5,000 seconds of advertising time garnering revenues of Rs 10 crore. After the Supreme ...
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Govt allows mobile roaming to Pakistan
THE Government has allowed roaming facility on mobile phones for subscribers visiting Pakistan. According to the Union Communications Minister, Mr Arun Shourie, this permission has been granted for an initial period of four months and will be ...
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TRAI issues final consultation paper on unified licensing
THE Telecom Regulatory Authority of India (TRAI) has issued its final consultation paper on unified licensing regime, which seeks to bring all the telecom services under one umbrella. It may be recalled that the authority had issued a ...
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TMB inducts 10 directors on board
THE Tamilnad Mercantile Bank formally inducted 10 directors on its board on Saturday. They were elected by the shareholders at the annual general meeting for 2002-03 held here on Friday. The elected directors include Mr B. Ramachandra Adityan, ...
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Will home loan rates continue southward journey?
UP, down or stable? That's a tough call for both existing and prospective home loan customers. On the belief that home loan rates have bottomed out, many customers are in the throes of deciding whether to drop anchor by opting for the higher ...
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