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REC FPO to raise Rs 2,900 crore

A follow-on public offer of the state-run Rural Electrification Corp to raise around Rs 2,900 crore (Rs 29 billion) is likely to come up by the end of the current financial year (2009-10). The......

After 20 years, privatisation programme in India off to 'Maharaja' start

After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group.......

20 years later: India's privatisation story off to 'Maharaja' start

After a hiatus of nearly two decades, the government's CPSE privatisation programme started off with flying colours with Tata group buying the debt-laden national carrier Air India. Illustration:......

SAIL FPO to retail buyers: Govt may offer discount

Keen to draw a good response to its share sale in SAIL, the government may offer a special discount of five per cent to retail buyers and employees of the state-owned firm on the issue price of the......

NMDC FPO gets poor response on day one

Like its predecessors REC and NTPC, mining major NMDC, the third government-owned company to hit the markets this year, received tepid response on the first day of follow-on offer (FPO). According......

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Rec Fpo

News for Rec Fpo

REC FPO to raise Rs 2,900 crore

After 20 years, privatisation programme in India off to 'Maharaja' start

20 years later: India's privatisation story off to 'Maharaja' start

SAIL FPO to retail buyers: Govt may offer discount

NMDC FPO gets poor response on day one

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