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Sebi to come out with IPP guidelines 31 January 2012
IPP would allow promoters to sell up to 10 per cent of their capital through auction to institutional investors. Opening of this additional route would facilitate the disinvestment programme of the government in current market conditions. The government is running...
Keywords: ambitious disinvestment target, U K Sinha, U K Sinha, Qualified Institutional Buyers
Read MoreMCX IPO to open today 22 February 2012
"Seven of the existing investors in the MCX are diluting part of their stakes. This means, the exchange will not get any money from the IPO," Rutten said, adding that the exchange is cash rich and does not require fresh...
Keywords: India's largest commodity bourse MCX, positive impact, CRISIL, State Bank of India
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