The power grid corporation’s FPO is part of the disinvestment strategy of the Government of India . as of now Government holds 86% of the shares and after the FPO it would come down to nearly 69%. The price band has been fixed at Rs.85-90. an discount price considering the current market price of Rs.102(as of Wednesday). a further 5% discount is also being given for employees and retail investors.at the present juncture of time the fpo is subscribed 1.72 times. the power grid corp shares are volatile in the starting days of trading this week.it reached a low of 98 and reached a high of 104 and now stands at 102. so as per analysts and market pundits the power grid is an good option to buy and if you are lucky enough to get a lot. do not forget power grid fpo is coming after the successful ipo of coal india limited and this shows that the Government is making hay while the sun shines. they are dis-investing at the right time when the market mood is upbeat. i think this process of disinvestment would continue until the lemon is squeezed tight enough.
As for power grid corp fpo is concerned i got one word for you BUY
The most hyped about visit of the U.S President Obama is over and everyone’s wondering , OH! what a great visit it was?, is it so? a big NO, i again say what i said in the last post about him he’s a great marketing guy but not a good leader. ok i’ll detail out the reasons why obama’s visit is just an another tourist visit
He did not improve any relations between India and pakistan
He did not show any intentions of improving India’s Business and did not clarify his stand about outsourcing.
He wanted to reduce his unemployment percentage back home and achieved it.
His speech in the parliament about supporting Indian in UNSC to lure the politicians towards the highly sophisticated N-Deal.
so, once again Obama marketed himself very well and did no good for India or any other Asian countries
Innovation,passion,compassion that is what TATA’S are made up of .
A GREAT INSPIRATIONAL VIDEO FOR ALL YOU PEOPLE TO GET INSPIRED
they call it transformational innovation. a driver coming to work in his own car is just amazing. even thinking about it simply feels good
TATA Motors has posted a surging profit result this quarter and an improved performance in sales of it’s jaguar land rover unit.TATA Motors which bought the british company to expand it’s base in emerging economies such as China has improved in it’s performance over the period. further, the company has told that the results would improve as the demand for luxury cars have massively improved in India and other countries such as China.
However , the company sources have also said that because of the increase in cost of materials the price of the cars may also increase but that would not have an effect on sales as it is a global situationof raw material costs.
The sales in India have grown three times this september
The TATA Motors b-plans mainly revolve around the performance of the jaguar unit
tata’s share price on tuesday being Rs.email@example.com%UP
If you are an Filipino or planning to go their you might have a chance to eat pepsi.Yes,pepsi Philippines a listed company over their on Tuesday, the board approved on amends to produce candy’s and other confectionery items as a plan to diversify horizontally . The company on introducing these items for the first time ever in it’s 21 year history in Philippines.at present the company is producing what it does best carbonated and non carbonated drinks and beverages.
as said by the chief of PEPSI Philippines “But right now there are no immediate changes to the business direction and changes in the product portfolio. The board of Pepsi Philippines will make the final decision on future business,”
this move comes after Lotte buying a huge chunk of shares in Pepsi Philippines.
after the announcement Shares of Pepsi Philippines lost 1.35% to P2.91 apiece on Tuesday’s close.