The Hindu Business Line : Tongue-tied

A large real-estate company seems to be anticipating some trouble on the eve of the launch of its mega IPO. The corporate communication agency hired by the company recently sent out letters to media houses saying, first, that it had been retained as the sole spokesperson for the company, and, second, that in case any journalist got any "tip-off' about the company, the agency should be contacted for its version. To test out the claim, one scribe called up to find out if the proposed IPO has been delayed as the pre-issue campaign had quietened down, but the agency had no clarification to offer.

Our Bureau

More Stories on : IPOs | Real Estate & Construction

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Magma Leasing to raise Rs 122 cr through pvt placement

Prajay Engg. converts FCCBs

Bear domination

Tata group companies attract market interest

Ranbaxy turns weak on homesick

`Put on hold' puts PSUs in tightspot

Karnataka Bank to up FII limit to 49%

Dip in MF assets under management in June

Shree Cements sales up 63%

Mixed global trend pulls down indices

Tongue-tied

LVB proposes bonus shares issue

Maharaja Shree Umaid Mills to issue bonus shares