business

Pipavav Shipyard Ltd, one of the most shady IPOs this season has slipped into the RED i.e below the IPO price of Rs 58 to Rs 54.45 on the NSE. Pipavav Shipyard is promoted by Nikhil Gandhi etc who are indicted for rigging company share prices which can also constitute insiders trading.

We really hope the Retail Investors have exited the stock before the ship sinks like Titanic with an unreasonable IPO pricing 🙂

Read morePipavav shipyard slips below IPO price

Designed by Thai architects 999, Ansals Suvarna Vilas is strategically located off the Nasik highway & is just 2 hours drive from Thane. Ansals Suvarna Vilas offers Thai styled villas with a private pool in each villa, starting from Rs. 28.99 lacs onwards. With a mini golf course amongst several other amenities like Clubhouse, Swimming Pool, Commercial, Restaurant, adventure sports like All Terrain Vehicles (ATVs) & Bumping boats, Tennis Court, Rock garden, jogging track around a lake, Ansals Suvarna Vilas is expected to be a Thai style weekend retreat away from the chaos of city life.

Reliance Communications known for offering the best tariffs to consumers have introduced Simply Reliance tariff Plan as a gift to consumers for this upcoming festive season. In 2006, when Mr. Maran was the Telecom Minister, he took a bold initiative to introduce OneIndia Calling plan [ Rs 1 / minute to any phone in India] and the same now stands reduced to Rs 0.50 / minute – Courtesy Reliance Mobile.

Read moreMobile Tariffs Halve in India in 36 Months with Simply Reliance

The much awaited 3G Wireless Spectrum Auction in India has been delayed. According to the DoT officials, the main reason for the delay in releasing the memorandum of information was difficulties on making out the availability of the 3G spectrum which had made it difficult to plan the necessary schedule.

However, the difficulties in finalizing the spectrum availability have stemmed from the disagreement between the DoT and the