Initial public offering (IPO) of PTC India Financial Services (PFS) , the non-banking financial institution promoted by PTC India, subscribed 2% on the first day. It received total of 2.52 million bids against issue size of 133.19 million, of which 1.13 million bids were obtained at a cut-off price.
Posts Tagged ‘India’
PTC India Financial IPO subscribed 2% on day one
Posted by admin on March 16th, 2011
Posted in Online Stock Trades 
Tags: close-on-march, fixed-price, India, india-financial, ipo, public-limited, public-offering, received-total, services, the-non-banking 
Comments OffAAI to get govt nod for commercial use of landbank: Sources
Posted by admin on March 16th, 2011
Airport Authority of India may soon get an approval for commercial use of its landbank. AAI holds 45,000 acres of land across India.
Posted in Online Stock Trades Tags: aai, airport-authority, authority, commercial-use, India, may-soon Comments OffDoT may revisit TCIL’s stake sale in Bharti Hexacom JV
Posted by admin on March 16th, 2011
In 2009, a Cabinet committe had approved the sale of Telecom Consultants India’s 30% stake in the JV on the condition that it is done at the right price.
Posted in Online Stock Trades Tags: approved-the-sale, cabinet, committe-had, condition, India, sale, telecom, telecom-consultants, the-condition, the-right Comments OffIndia corp bond yields steady ahead of RBI policy
Posted by admin on March 16th, 2011
MUMBAI, March 16 (Reuters) – India’s benchmark five-yearcorporate bond yield was unchanged on Wednesday, trackinggovernment bonds, as traders remained cautious ahead of thecentral bank’s policy review on Thursday.
Posted in Online Stock Trades Tags: bond-yield, India, policy-review, review-on-thursday, thecentral-bank, traders-remained, unchanged-on-wednesday, wednesday Comments OffIDFC appoints Arun Raste as Senior Director
Posted by admin on March 16th, 2011
IDFC, India`s leading integrated infrastructure finance player, announced the appointment of Arun Raste as Senior Director & Head -Corporate Communications. Raste brings with him about 20 years of experience across diverse sectors. Prior to joining IDFC he was with Kotak where he was instrumental in driving successfully the Communication and CSR function for the group
Posted in Online Stock Trades Tags: 180-align, appointment, communication, finance-player, group, idfc, India, raste-as-senior, senior-director, will-head Comments OffRBI`s reference rate for USD at Rs 45.18
Posted by admin on March 16th, 2011
The Reserve Bank of India`s (RBI) today fixed reference rate for USD at Rs 45.18, up 0.20% against its rate on previous working day at Rs 45.27 (March 15). Meanwhile, the apex bank`s reference rate for Euro was down 0.08% at Rs 63.13 on March 16, as against 63.08 on March 15. As illustrated in the table below, the apex bank`s reference rate for Great Britain Pound stand at Rs 72.58 up 0.50% versus its rate
Posted in Online Stock Trades Tags: against-63-08, against-its, apex, great-britain, India, pound, rbi, reference-rate, reserve, reserve-bank, the-table, today-fixed Comments OffSharekhan’s view on PTC India Financial IPO
Posted by admin on March 16th, 2011
The initial public offering of PTC India Financial Services, an Indian nonbanking financial institution promoted by PTC India, is opened for subscription today.
Posted in Online Stock Trades Tags: India, india-financial, indian, initial-public, nonbanking-financial, ptc, services Comments OffRealty sector to get battered if RBI hikes rate tomorrow
Posted by admin on March 16th, 2011
Ahead of Reserve Bank of India’s (RBI’s) midquarter policy review on Thursday, interest rate sensitive sectors like banking and realty have taken a big hit owing to the fear of a rate hike. However, the road is unlikey to be that much bumpy for the auto sector.
Posted in Online Stock Trades Tags: auto, big-hit, fear, India, like-banking, reserve-bank, review-on-thursday, the-auto, the-fear, the-road Comments OffTitan Industries to open 250 stores in 201112
Posted by admin on March 16th, 2011
Watch and jewellery maker Titan Industries plans to open 250 stores across India in 201112 (AprilMarch), compared with 150 stores last financial year, a senior company official told moneycontrol.com.
Posted in Online Stock Trades Tags: 150-stores, India, last-financial, official-told, open-250, titan, titan-industries Comments OffBuffett to visit India next week for insurance launch
Posted by admin on March 16th, 2011
Billionaire investor Warren Buffett will travel to India next week to launch his firm’s insurance selling portal and will meet policyholders at an event in New Delhi, according to information on the company’s website.
Posted in Online Stock Trades Tags: delhi, firm, India, insurance-selling, warren, warren-buffett, will-meet, will-travel Comments OffIndia NALCO sees producing 6.3 mln T bauxite in 2011/12
Posted by admin on March 16th, 2011
MUMBAI, March 15 (Reuters) – India’s National Aluminium CoLtd (NALCO) expects production of bauxite to rise to6.3 million tonnes from its mines and refineries in the easternstate of Orissa during 2011/12, the company said in astatement.
Posted in Online Stock Trades Tags: during-2011, easternstate, expects-production, from-its, India, million-tonnes, nalco, National, national-aluminium, orissa, the-easternstate Comments OffMid cap stock analysis – Gati logistics
Posted by admin on March 16th, 2011
Logistics sector is expected to pick up in coming future with revival in economy. Here is a stock analysis of mid cap stock, Gati logistics , that could benefit from increased demand in logistics sector
Posted in Online Stock Trades Tags: certainly-not, chain-solution, division, express-trades, India, look-at-gati, shipping-sector, since-recession, slowly-picking, trades-between, trailing-four Comments OffCrises in Japan: How serious is the radiation threat?
Posted by admin on March 16th, 2011
The multiple and perhaps cascading nuclear crises Japan is experiencing has frightened the rest of the world and no country is more concerned than India which has wide ranging nuclear plans for the immediate future. CNBCTV18’s Karan Thapar takes a closer look at crises in Japan and the lessons India need to learn, with the experts.
Posted in Online Stock Trades Tags: closer-look, Experts, India, japan, karan-thapar, more-concerned, nuclear-crises, nuclear-plans, wide-ranging Comments OffStocks in news: MTNL, TCS, RIL, ITC, PTC India, EIH
Posted by admin on March 16th, 2011
SBBJ | JSW Steel | MTNL | TCS | RIL | ITC | PTC India and EIH are stocks, which are in the news today.