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Capital
as such is not evil; it is its wrong use that is evil. Capital in some
form or other will always be needed'........... Mohandas K Gandhi
'Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort'............ Franklin D Roosevelt |
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UBI IPO price band fixed at Rs 60-66 State-run lender United Bank of India (UBI) said it has fixed the price band at RS 60-66 of its IPO, scheduled to hit the market by the end of this month.
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| Money Matters ......... by Pooja Shroff | |
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Rs 40,000 crore disinvestment target set in budget 2010-11 Rs 25,000 crore - government likely to raise from sell of this fiscal
*SJVNL IPO in April likely to raise about Rs 1,200 crore. *Next inline is likely to be Engineers India FPO in July, where a 10% stake sell may raise Rs1,200 crore. *The FPO of NMDC will open for subscription on March 11. It will use the conventional book-building method and offer a 5% discount on the offer price to retail investors and employees. *SAIL, Hindustan Copper, Manganise Ore, Shipping Corporation and MNTC are some or the other PSU's where the government is looking to diverse stake.
Watch out for: At last Copco, Esab India, Kinetic Engineering will announce their results. Dividend: DB Corp, Atlas Copco
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Money Matters
