Disinvestment is showing good signs and the disinvestment department has announced that in the year 2010-2011, it will raise around Rs. 40000 crore from this process. The department is optimistic that it will be able to meet the target set by the Finance Ministry of India.
Sumit Bose, the disinvestment secretary, said, “Those Rs 40,000 crore [...]
India hopes reach its Rs. 40,000 crore target in Disinvestment
Mobile Phone Etiquette
The department of telecom (DoT) for the first time has come out with a list of do’s and don’t concerning the mobile phone etiquette. Its been estimated that there are about 415 million mobile phone users in India and millions who are first-time users. The government has asked telecom companies to provide literature on mobile [...]
Revival of Radio
Radio has made a comeback after the government allowed foreign investment into the segment and opened the market for private players. Today there are about 237 FM stations from 40 broadcasters across 91 cities. The audience profile has shifted from rural to urban and high-income group. This has enabled private players to come up with [...]
NPHC IPO Allotment Status – NPHC Listing Date
The allotment status for NHPC IPO is likely to be declared soon. Please keep visiting this post frequently for the latest update on NHPC IPO Allotment Status
The IPO of National Hydro Power Corporation Ltd. (NHPC Ltd.), which closed for subscription on Wednesday, August 12, 2009 was oversubscribed 23.74 times on an overall basis. The IPO [...]