IPO of BSNL has canceled

BSNL has canceled bring their IPO. Due to heavy protest of worker union of BSNL , they has compelled to canceled to proposal bring IPO of BSNL. Many investors were waiting for BSNL IPO.

Adhunik Metaliks to raise Rs250-300 crore through IPO

Adhunik Metaliks Ltd, the specialty steel maker will raise Rs 2.5-3 billion through an initial public offering of shares in its mining subsidiary- Orissa Manganese and Minerals Ltd. It will sell 15 per cent stake in Orissa Manganese and Minerals Ltd in the share sale, to part-finance its Rs 11 billion pellet and ferro alloy plants. Read more

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