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Powergrid Fpo

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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......

Market: PSUs' success boosts investor confidence

With increasing volatility at the Dalal Street, investors are now shifting their money from the secondary market to the primary market to get assured returns, say analysts."The recent IPOs have got......

PowerGrid for fresh offers for Rs 7,000-cr project

State-run power transmission firm PowerGrid has called for fresh offers from shortlisted bidders BHEL-ABB and Siemens for its Rs 7,000-crore HVDC (high voltage direct current) sub-stations'......

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......

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