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Nmdc Fpo

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  • Business

Why NMDC FPO is an attractive offer for investors

The government's necessity to garner funds to bridge its fiscal deficit has thrown up an opportunity for investors in the form of NMDC Ltd's follow-on-public offering (FPO). In order to achieve......

NMDC FPO gets poor response on day one

Like its predecessors REC and NTPC, mining major NMDC, the third government-owned company to hit the markets this year, received tepid response on the first day of follow-on offer (FPO). According......

NTPC clouds primary market prospects

Public sector major NTPC's follow-on public offer (FPO) managed to scrape through today, but raised questions about the state of the primary markets and the government's disinvestment programme. A......

Govt may divest NTPC, REC pie in 2 months

The follow-on public offers of either NTPC or Rural Electrification Corporation, are likely to be launched in the next couple of months, a senior government official said. Another FPO, that of......

20 years later: India's privatisation story off to 'Maharaja' start

After a hiatus of nearly two decades, the government's CPSE privatisation programme started off with flying colours with Tata group buying the debt-laden national carrier Air India. Illustration:......

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