Some lenders in talks with LIC for pvt placement
Mop-up misses target as big FIIs skip issue.
Operators in this unofficial market are offering an upfront sum of anywhere between Rs 5,300 and Rs 6,000 to retail investors, who will get shares in the offer at a 5 per cent discount to the issue price.
Many factors leading to the 2008 financial crisis still exist.
With outlook uncertain for a range of sectors, no one is quite sure of where to invest in stocks
The public-sector lenders were yet to get a formal proposal on sale from HSBC.
Inability of stocks to return to their highest levels is one of the reasons why retail investors have been reluctant to return to the market.
Every Rs 1-cr FII inflow has coincided with a Rs 11-cr investor wealth erosion.
A person familiar with the matter said the deal could be finalised in a month.
The sale will help the government to meet disinvestment target.
In first year, ONGC spending likely at Rs 405 cr, followed by Reliance Industries' at Rs 377 crore.
In an interview with Business Standard, Sebi Chairman U K Sinha discusses investment advisory rules and how regulators are coming together to resolve issues.
Lower returns seen drying up investor demand this financial year
The consumer goods segment faces an uphill task of retaining investor interest in the near future as valuations become expensive.
At least 43 of the 175 issuers would have been hit if proposed mechanism had been in place before the R-Power IPO.
Salaries are performance-linked and FY12 was good on both counts; now, persistent inflation and patchy rains show on rural market.
In dollar terms, the Nifty has gained 26.7 per cent in this year, while the Sensex has advanced 25 per cent during the same period.
While listing can be good, success depends on sentiment and performance.