State-owned National Thermal Power Corporation is likely to hit the market with a maiden public offer for shares in the first week of August, targeting to raise up to Rs 2,000 crore (Rs 20 billion).
TCS, based on its annualised 9mFY04 earnings, has an EPS of Rs 31.9.
Yes Bank is likely to hit the market in the second week of May with its Initial Public Offer of 7 crore (70 million) shares to raise up to Rs 300 crore (Rs 3 billion).
Markets regulator Sebi on Tuesday proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods for promoters' and other shareholders post an IPO. In a consultation paper, the watchdog has also suggested streamlining the disclosures requirement of group companies. The Securities and Exchange Board of India (Sebi) has sough comments from public on the proposals till June 10.
'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.'
In a new twist to the Sunanda Pushkar mysterious death case, one of her close friends on Wednesday claimed that she was taking 'fistful of medicines' and had fainted twice weeks before her death when he had hosted her and Shashi Tharoor at his Goa home.
The writer also talked about her upcoming novels in a Twitter chat!
'Bypass Road goes around in circles and gets nowhere,' declares Sukanya Verma.
The IPO of state-owned steel maker RINL is scheduled to hit the markets in the current fiscal, and the Cabinet has already accorded its approval for the stake sale.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
911 have been traced by the Securities and Exchange Board of India (Sebi), while the rest of the 402 are not traceable on the bourses
It's like Agatha Christie walked into Roman Polanski's Chinatown conversing in Vishal Bhardwaj with a smattering of Brian De Palma for razzle-dazzle -- the upshot is mesmeric, raves Sukanya Verma.
And yet the sham drags on for a couple of hours, accusing and amplifying everything in sight, to shoehorn its identity as a thriller, says Sukanya Verma.
BSE says all requirements complied with.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
"Who was preventing them? The Gandhi family," he alleged. "The matter starts and ends at the door of 10, Janpath."
These include Great Eastern Energy Corporation and Shemaroo Entertainment.
The other three airlines that have been probed in this matter are SpiceJet, GoAir and Air India
'In India, a really popular and well-entrenched leader is not defeated by a rival.' 'Such a leader has to defeat himself,' observes Shekhar Gupta.
IThe fiscal deficit target for 2020-2021 was originally set at 3.5 per cent of GDP. But the government's revenues have collapsed and its expenditure burden will only increase over the Budget estimates.' With the government having already planned for an additional borrowing of over Rs 4 trillion, the fiscal deficit for the current year would be much higher than the Budget estimate, notes A K Bhattacharya.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
BJP president Amit Shah's influence in the Narendra Modi cabinet revamp was evident from the inclusion of Jagat Prakash Nadda, Rajiv Pratap Rudy, Mukhtar Abbas Naqvi and Rajyavardhan Singh Rathore.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
The airline is gearing up to come out with an initial public offer.
The former IPL boss took to Twitter to claim that he met Priyanka Gandhi and her husband Robert Vadra in London last year.
Move aimed at giving more headroom to foreign investors.
Adding oomph to an ageing brand?. When the first wrinkles appear, the search for the fountain of youth must begin!
Murder on the Orient Express offers intrigue worthy of Hercules Poirot's investigation and our time, feels Sukanya Verma.
'When you ask one of the established industrialists to execute a large project it is exactly the same as your not asking your neighbourhood dhaba-owner to cater at your daughter's wedding dinner which will be attended by a thousand guests,' notes T C A Srinivasa-Raghavan.
IndiGo has about 400 planes on order.
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