Investors bid for about 45.8 million shares of RVNL, which undertakes railway projects, or 1.8 times the 25.35 million shares on offer.
Graphite India makes graphite electrodes used in electric arc furnaces to make steel.
Pilots of Jet Airways had twice threatened to go on strike but then called off the plans.
After disappointed by S&P’s decision to downgrade Jaguar Land Rover, Tata Motors, on March 29, reaffirmed that it expects improved financial results in the fourth quarter period.
The decision was taken in the wake of a slight increase in the international crude price and currency devaluation.
M&M joins the likes of Toyota and Jaguar Land Rover which have also stated that they would raise price of select models from April.
Indian aviation- interested investors are not in favour of investing in Jet Airways which is going to be put up for an open auction by a lenders’ consortium shortly. While Continue Reading »