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Monday, February 23, 2004

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Do the markets have the stomach for IPO feast?
Yes, say lead managers

A VIRTUAL tidal wave of equity offers is slated to lash the domestic capital market next month. Ten offers are expected to mobilise about Rs 15,000 crore. Investors have a large spread to choose from. But would the bunching up of so many ... More

Tough call for retail investors
AFTER the spectacular success of the initial public offering (IPO) of Maruti Udyog Ltd (MUL), there was a near vacuum. And now, there's a deluge. Far too many for comfort - - for both the Government and the retail investor. Spread over a ... More

M&M mulls assembly line in Indonesia
AS part of its overseas expansion plans, Mahindra and Mahindra is considering setting up an assembly line for its utility vehicles in Indonesia. "Indonesia is a key market for us in East Asia, and we are exploring the possibility of setting up ... More

Hind Motors to launch LCV
HINDUSTAN Motors Ltd (HM) will roll out a light commercial vehicle (LCV) from its Uttarpara works within the next six months. The engine technology has been obtained from an "Indian partner", according to Mr S. Burman, Vice-President ... More

BSES to make preferential offer to Reliance group, FIs
THE board of BSES Ltd - the company to be re-launched next week as Reliance Energy - today approved a preferential offer of equity shares and or equity related securities to the Reliance Group and major institutional shareholders, to ... More

With the political kite flying high — Sensex may test support levels
DO market indices mirror concerns and ecstasies of politicians as faithful agony aunts? Market watchers time and again have tried to read in vain the footprints on Wall Street or Dalal Street. It has been difficult always to find possible genetic ... More

`India can do well in manufacturing too'
INDIA'S forte in the service sector is well-known but India could also do well in the manufacturing sector, said Che Abdul Daim Zainuddin, Member of Parliament, Government of Malaysia. Delivering the keynote address at the third Asia Pacific ... More




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