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Adani Power, the dirty energy company which went into a historic IPO on Dalal Street with never before heard optimism from Foreign Investors has no BUYERS at price below its IPO price. The stock which listed at Rs 103 has hit a LOW of Rs 99.20 on heavy volumes on the NSE. Currently trading at Rs 100.40.
Small Indian Investors were cautioned by Dalal Street to stay away from the IPO because of the background of promoters and Dirty Energy which will be heavily penalized in the Long Term.
Delhi-based Panacea Biotec has secured an order worth $222.32 million from the United Nations Children’s Fund (UNICEF) for supply of its EasyFive (pentavalent vaccine) for three years viz., 2010, 2011 and 2012.
The company has received an award notification for the same from UNICEF.
EasyFive, world’s first fully liquid pentavalent vaccine, is used to immunize childrens against Diptheria, Tetanus, wholecellPertussis, Hepatitis B and Hemophilus Influenza Type b.
Read morePanacea Biotec secures $222 millon worth of order from UNICEF
Foreign institutional investors were net sellers of Rs 721.84 crore (provisional) in the spot market on Tuesday, as per information available on the BSE website. While FIIs made gross purchases of Rs 1,658.39 crore, their gross sales stood at Rs 2,380.23 crore.
On the other hand, domestic institutional investors (DIIs) were net buyers of Rs 467.44 crore (provisional) on the same day. While DIIs made gross purchases of Rs 1,327.46 crore, their gross sales amounted to Rs 860.02 crore.
Read moreFIIs net sellers of Rs 721.84 cr (prov) in the spot market on Tuesday
The Petroleum Ministry headed by Sri Murli Deora [Acting as an Agent of Reliance Industries] will betray to all Indians a sum of Rs 30,000 crore and help make on company RIL a super-normal profit of Rs 50,000 crore and th Government getting only Rs 500 cr of the KG Basin Gas. All the elected … Read more Massive Corruption by Petroleum Ministry under Congress Led Government
The Reserve Bank of India on Monday fixed the reference rate for the dollar at Rs 48.68 against the previous rate of Rs 48.27 on Friday. The corresponding exchange rate for the euro was Rs 68.77 (Rs 68.89) and that for the UK pound was 79.8133 (Rs 79.9930). The reference rate for the Japanese currency … Read more RBI reference rate for the dollar at Rs 48.68 on Monday
Foreign institutional investors (FIIs) were net sellers of Rs 126.10 crore (provisional) in the cash segment on Friday, as per information posted on the BSE website. While FIIs made gross purchases of Rs 1,535.22 crore, their gross sales amounted to Rs 1,661.32 crore. Domestic institutional investors (DIIs) were net buyers of Rs 443.74 crore (provisional) … Read more FIIs net sell of Rs 126 cr (prov) in the cash segment on Friday