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Raj TV IPO price fixed at Rs 257 per equity share

Mumbai, Mar 7 (UNI) A regional broadcaster and media company, Raj Television Network Limited today announced that they have fixed their issue price at Rs 257 per equity share for its Initial Public Offering (IPO) of 35,68,250 equity shares of face value of Rs 10 each for cash, at a premium of Rs 247 decided through a 100 per cent book-building process.

The Issue closed for subscription on February 23, 2007.

The equity shares of the Company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), an official statement disclosed.

UNI

Spice Mobile launches People's phone at a price less than Rs 1,000

Mumbai, Mar 7 (UNI) Spice Mobile Phone today launched its Spice People's phone at a price less than Rs 1,000 to make it available to every common man. Spice, a group company of Mcorp Global, launched the people's phone at a time when few big cellphone companies are holding sway over the market. Commenting on a recent survey, which says that the top six mobile phone makers account for 86 per cent of all sales, the Chairman of Mcorp.....

Bru targets metros to increase sales in non-South market

Kolkata, Mar 7 (UNI) Hindustan Lever Limited's Bru, with its metro-focussed market, is currently targetting the six major cities, including the four metros, to lure more customers. ''Bru has a metro focussed market, We are currently targetting the six major cities of Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Pune and Nagpur, especially attempting to lure the young with our 'Cappachinno','' Bru's Marketing Manager Krishnan Sundaram said today. Announcing the launch of their contest 'An Evening to Remeber', Mr Sundaram revealed to.....

Indo-US business opportunities poised for higher growth

Kolkata, Mar 07 (UNI) Close economic relation between India and the USA has resulted in the growth of bilateral trade between the two largest democracies by 99 per cent to 21 billion dollars per annum since 2003-04, surpassing previous records. This was disclosed here today by(Retd)Lieutenant General Dan Christman, Senior Vice-President,American Chamber of Commerce at the inauguration of an Indo-US Economic Cooperation meeting,organised under the aegis of Confederation of Indian Industry(CII),Eastern Region. Leading a ten-member high power business delegation from.....
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