DEFINITION OF FPO
Bio-input demand may rise, but skill gap threatens India's green farming push: Agriculture Commissioner
Agriculture Commissioner said widespread adoption of bio-inputs by India's nearly 14 crore farmers could generate annual demand of 20–30 crore tonnes.
Indus Towers confident of cash flow boost in FY25
Indus Towers expects cash flows to improve in FY25 as it’s confident of quickly recovering its backlog of past dues from key customer, Vodafone Idea (Vi), especially as the latter has recently raised Rs 18,000 crore via the follow-on public offer (FPO) route.
Is it time to look at telecom stocks? Balaji Subramanian answers
Balaji Subramanian of IIFL Securities analyzes the telecom sector's future post-tariff hikes, foreseeing positive impacts on market players like Bharti Airtel, Reliance Jio, and Vodafone Idea. Anticipation of Jio platform's IPO and positive outcomes from AGR dues review.
Abu Dhabi’s IHC to sell its investments in 2 Adani group companies
The decision to sell off the investment is part of the company’s plan to rebalance its overall portfolio strategy, IHC said.
Hindenburg ambush! How a 106-page report dragged Gautam Adani's wealth below $100 billion
In the last two trading days, Thursday being a market holiday, the 60-year-old Ahmedabad-based college dropout has been left poorer by around $29 billion, pushing him to the seventh slot in the elite list of world's richest billionaires.
Should investors sell Adani stocks or buy the dip? Sanjiv Bhasin answers
“There will always be uncertainty when a group has made its market cap past Rs 20 lakh crore in the last five years but it is on the back of businesses which are there. It all seems concerted. It tells us how insider trading is very open right now. SEBI and stock exchanges should look to who had initiated this and where was the call writing and put and hence the option market.”
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Maintain ‘buy’ call on RIL; expect refining margins at current levels: IIFL
Refining margins would likely remain at current levels, which is definitely much higher as compared to last year.
This is a right time for government to go ahead with FPO: AK Hazarika, CMD, ONGC
If crude oil price average remains at $100 a barrel, then definitely a total under-recovery will be less. Net realisation should also improve around.
Reliance trading at relatively attractively valuations: IIFL
In a chat with ET Now, Prayesh Jain, Research Analyst, IIFL, gives his overview on energy sector.
ONGC FPO may hit the market in September: AK Hazarika, Chairman & MD
In an interview with ET Now, AK Hazarika, Chairman & MD, ONGC, talks about their FPO as well as OVL’s equity plan. Excerpts:
ONGC is going to get benefited out of Cairn-Vedanta deal: Deven Choksey
Though I need to work out the exact number and come back on this as to how much it is going to reflect on the bottom line but yes, it is going to certainly save money and ONGC should be seen benefited out of this particular move.
Government fixes price band of Power Finance FPO at Rs 193-203
At the upper end of the price band, the issue size will be Rs 4,660 crore. The offer will be at 5.4% discount to the Friday's closing price of Rs 214.55 on BSE.
Cautious on SAIL: Avinash Gorakshekar
SAIL has already announced that it is looking forward for a big FPO so typically there could be an overhang on the stock.
Buy Reliance Industries, wait for ONGC: Avinash Gorakshekar
Reliance definitely very well categorises as one of the largest E&P player, which is going to benefit.
Will go with FPO plan only after assessing market condition: CS Verma, SAIL
Depending upon the market conditions and other issues, SAIL will make an assessment of the right timing of the FPO issue early next year.
Crude's uncertainty may end in a fortnight: Networth Stock Broking
We will probably see another fortnight of unrest and fortnight of uncertainty but beyond that, there could be some solution that it will start emerging.
Looking for RIL-BP sort of deals for our exploration biz : AK Hazarika, ONGC
With ONGC's FPO on the cards in fiscal 2012, ET Now catches up with AK Hazarika, Chairman & Managing Director, Director (Onshore) & Director (HR), ONGC for more details on the FPO as well as a bird's eye view of all the action happening on the O&G front, including the Cairn-Vedanta & BP-Reliance deals, crude price & global oil stocks.
Hoping to bag Rs 17000 to 18000 cr projects this year: SK Chaturvedi, Power Grid
In an interview with ET Now, SK Chaturvedi, chairman & managing director, Power Grid Corporation, talks about their expectations from the budget as well as their plans.
Will attempt FPO in March: SAIL Chairman
Steel Authority of India on Thursday said it will attempt to launch the Rs 8,000 crore follow-on public offer before the fiscal-end though submission of prospectus within February seems to be a difficult proposition.
'Volatile stock markets may push SAIL FPO to next fiscal'
Volatility in stock markets may further delay state-run SAIL's Rs 8,000 crore follow-on public offer due in March, pushing the share sale to next fiscal, said a senior government official on Wednesday.
Our overall under-recovery is around Rs 150 cr per day: SV Narasimhan, IOC
At current prices of about $90-91 a barrel, the total under-recovery would be in excess of Rs 70,000 crore for the year and ours could be close to about Rs 38,000-39,000 crore.
IOC divestment yet to be cleared by govt: S Sundareshan, Oil Secretary
In an interview with ET Now, S Sundareshan, Oil Secretary, talks about the FPOs and Rs 13000-crore of subsidies being planned.
Positive on Power Grid: Gaurang Shah, Geojit BNP Paribas Financial Services
The company is trying to invest about 70000 crores from FY11 to FY15
Positive on IGL, Gujarat Gas: Avinash Gorakshekar, Anagram Capital Ltd
I think these stocks had not moved up for a pretty long time and now I think with the markets had a fairly toppish level I think there is good amount of buying in this segment.
This is appropriate time for disinvestment: B M Bansal
B M Bansal, CMD, Indian Oil Corporation, in an interaction with ET Now said that this is indeed appropriate time for disinvestment and investors will surely take note of this opportunity.
Positive on Hindustan Copper: Fayeza Hafizee, Intime Spectrum Securities Ltd
Fayeza Hafizee, Vice President, Institutional Sales, Intime Spectrum Securities Ltd, in a chat with ET Now talks about Hindustan Copper.
Investors should invest in REC FPO: Seshadri Bharathan
Seshadri Bharathan, Investment Analyst, in a chat with ET Now talks about Bharti and REC FPO.
RSM plans to enter US corporate taxation space
The Chicago based RSM McGladrey FPO plans to double headcount in India, eyes Pune, Coimbatore for new facility.
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