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Thursday, February 26, 2004
Mega offers evoke poor response
MUMBAI, FEB. 25. The sheen seems to have come off the much-hyped `India shining' gameplan of `disinvestment' undertaken with much elan by the Government. In what is probably a classic case of `too much too soon', the virtual flood of offers for ...
Govt. fixes floor price for GAIL public offer
NEW DELHI, FEB. 25. The Central Government today fixed a floor price of Rs. 185 per share for the forthcoming GAIL public offer and offered a 5 per cent discount to retail investors. Announcing the floor price, the Disinvestment Secretary, ...
Power Trading to announce IPO details today
NEW DELHI, FEB. 25. Power Trading Corporation of India (PTC), which goes public on March 1, will come out with details of its initial public offering (IPO) tomorrow. The corporation will hit the capital market with an IPO for 5.85 crore shares ...
HP gets $150 m Bank of India contract
MUMBAI, FEB. 25.Bank of India has selected Hewlett Packard (HP) as its preferred supplier of information technology infrastructure and applications for a ten year outsourcing contract valued at over $150 million. This contract is the first of ...
TCIL proposes IPO
NEW DELHI, FEB. 25. State-owned Telecommunica- tion Consultants India Ltd (TCIL) today said it planned an Initial Public Offer to offload 25 per cent equity in the market to raise up to Rs. 200 crores. The indications came as the company ...
IOC's syndicated loan
NEW DELHI, FEB. 25.Indian Oil Corporation has raised $200 million syndicated term loan facility arranged by Citigroup, Credit Yonnais and Standard Chartered Bank at highly competitive rates. The agreement was signed in Singapore on Wednesday by ...
Skoda plant commissioned
AURANGABAD, FEB. 25.Skoda Auto India's automotive plant at the Shendra Delux Industrial area near here was commissioned today. The Skoda group Chairman, Karl Gunter Busching, said on the occasion the company aimed to manufacture 10,000 ...
NEW DELHI, FEB. 25.Maruti Udyog Ltd, in which Japan's Suzuki Motor Corporation holds a major stake, may soon launch a range of cars from the General Motors stable that includes the multi-utility vehicle Isuzu Panther. General Motors, the ...
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