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Popular Articles

Go for power IPOs only with a long-term horizon
Retail investors’ response to initial public offers (IPOs) from the power sector have been tepid. The Adani Power IPO, subscribed 21.64 times in all, was subscribed 2.97 times by retail investors. Indiabulls Power was subscribed 21.84 times overall, but only 1.09 times by retail investors. JSW Energy saw retail investors place bids for 32.7 million shares of the 81 million reserved for them.

Life insurers' premium collection rises 21% in first seven months
The life insurance industry logged a 21 per cent increase in premium collections during the first seven months of the current financial year compared to the same period last year, indicating recovery in the sector.

News of the day

4,000 farmers protest against land acquisition in Sanand
Around 4000 people, mostly farmers, today took out a rally against land acquisition by Gujarat Industrial Development Corporation (GIDC) in villages near Sanand.
Public Company

US markets end flat; ADRs mixed

US markets ended flat on Wednesday. The Dow ended at 10,574. The Nasdaq slipped eight points to 2,301. - US markets end flat; Indian ADRs surge - Investors wait for action on Jharkhand MoUs - Renault to launch 2 models in India by mid-2011 - Stimulus should not be withdrawn: Ratan Tata - US markets end firm - Fog halts North India Indian ADRs were mixed. Satyam shares surged 4% to $5.23. Dr Reddy"s gained 3.5% at $26.17. Patni Computers added 2.5% to $21.36. Genpact was up 1.5% at $15.3. However, Infosys, Wipro and ICICI Bank dropped 1.5% each to $56.11, $23 and $38.69, respectively.


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