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Fpo Of Steel Authority Of India

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Govt nudges bankers to skip big private issues for a while

The central government has informally asked investment bankers brought in to manage share sales to abstain from taking big private-sector mandates in the coming months.This is to avoid a glut of......

Hindustan Copper divestment may follow RINL's IPO

The department of disinvestment has initiated the process of taking a fresh Cabinet nod for disinvesting 10 per cent equity stake in Hindustan Copper Ltd through a follow-on public offering.If the......

Plan 'A' alive and kicking

A Rs 40,000-crore (Rs 400-billion) shortfall in the Budget for 2011-12 is looming large and the market doesn't appear stable enough to absorb even a fraction of it. However, the government seems to......

SAIL not to issue fresh equity; Govt will sell 5% stake

Amid volatility in stock markets, blue-chip state-owned company SAIL has decided against issuing fresh equity, though the government will go ahead with its proposal to offload 5 per cent stake in......

Leash on i-banks in PSU issues

The department of disinvestment has put severe restrictions on investment bankers seeking to participate in offers of public sector companies.The new guidelines restrict bankers not just from......

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