Powergrid Fpo

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Govt clears PowerGrid FPO; to divest 10% stake

The government on Thursday approved disinvestment in transmission firm PowerGrid Corporation through a follow-on public offer to raise about Rs 8,400 crore (Rs 84 billion). The Cabinet Committee on......

PowerGrid to hit capital market in 6-8 months

PowerGrid Corp said on Wednesday it will hit the capital market with its follow-on public offer in the next 6-8 months. "Our FPO can be expected in the second quarter of the next financial year......

PowerGrid issue charges up grey market

The buzz surrounding the follow-on public issue of state-owned Power Grid Corporation has revived activity in the grey market. Operators in this unofficial market are offering an upfront sum of......

Mega share sales: Will the markets correct?

In most past instances when big offers hit the market, broader indices corrected 2-4% Image:A child walks between the ‘Bulle und Baer’ (Bull And Bear) sculptures next to......

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