Firstsource shares rise 41 pc on debut

Saturday, March 17, 2007, 10:36 [IST]

Mumbai, Feb 22 (UNI) The new public issue of Firstsource Solutions Ltd made their debut today with 41 per cent higher than the initial offer price of Rs 64 per share.

Brokers said,'' The new shares opened at Rs 90.10 on the National Stock Exchange (NSE) and were trading at Rs 84.20 during the intra- day session.'' UNI

Topics: BUSINESS-FIRSTSOURCE-IPO

Other articles published on March 17, 2007

UTI announces launch of UTI Gold Exchange Traded Fund

Saturday, March 17, 2007,10:36 [IST]

Nagpur, Feb 22 (UNI) UTI Mutual Fund announced the launch of the UTI Gold Exchange Traded Fund here today. The New Fund Offer (NFO) opens on March 1 and closes on March 12, 2007. Speaking to reporters, UTI Mutual Fund Regional Sales Head West) Arvind Mittal said that the fund was an open-ended exchange traded fund designed to track the performance and yield of gold. Investment would be made in physical gold and would reflect the international price of gold.....

CTC variety tea high in demand in Kolkata tea auction market

Saturday, March 17, 2007,10:36 [IST]

Kolkata, Feb 22 (UNI) CTC variety of tea was the main mover and shaker in Kolkata tea auction centre last week ending on February 14, according to a report released by Kolkata Tea Brokers' Statistics department. The report said there was good demand of CTC variety and 12,27,862.30 kgs tea were sold. This was followed by Dust variety which sold 6,48,282.80 kg. Orthodox and Darjeeling tea also had good demand. This week around 72,848 kg of Orthodox variety and 17,954.....

Limitless Updates

Business News

News Archives

SGS expands its distribution market in eastern India

Saturday, March 17, 2007,10:36 [IST]

Kolkata, Feb 22 (UNI) SGS Silk Mill Pvt Ltd, a Mumbai-based textile company, will soon hit the mid-market section in the eastern region, expanding its distribution network in West Bengal. Addressing the launching ceremony here today, SGS Executive Director Kishore Rathi said the company with an annual turnover of Rs 70 crore sells its products through the wholesellers in more than 10,000 retail shops all over the country. '' In West Bengal we already have about 3000 retailers and are.....

Reliance Communications launches Double Talk time

Saturday, March 17, 2007,10:36 [IST]

Dehra Dun, Feb 22 (UNI) Reliance Communications today launched its Double Talk time - Double Validity Offer for its customers here. Announcing the launch Reliance Communications CEO (Uttarakhand and UP-West) Arvind Kumar said subscribers would get double of the normal talk time on every E-recharge denomination of Rs 300, Rs 430, Rs 495 and Rs 565. On every E-Recharge of Rs 650, Rs 750 and Rs 950 subscribers would be entitled to double the normal validity. Mr Kumar.....

BSNL repays Rs 2,500 cr loan to govt

Saturday, March 17, 2007,10:36 [IST]

New Delhi, Feb 22 (UNI) State-owned telecom major Bharat Sanchar Nigam Ltd today gave a cheque of Rs 2,500 crore to the Government towards the repayment of loan it took in year 2000. CMD BSNL A K Sinha and Director Finance BSNL S D saxena presented the cheque to Communications and IT Minsiter Dayanidhi Maran. The loan was payable over a period of 15 years. However, the company repaid the loan amount ahead of the due date. So far, Rs.....