IPO

It is only a matter of time before the Initial Public Offering of the country’s largest communications service provider BSNL (Bharat Sanchar Nigam Limited) hits the Indian markets. Plans for the release of the BSNL IPO have been there right from the beginning but was placed on the back burner because India’s staunch Left parties opposed the divestment of the government’s flagship communications provider.

Things have however changed since the Left are no longer in a position to oppose the government.

By Vipin Agnihotri

I still remember how investing during the Jet Airways market debut burned me real badly financially. The scrip, which listed at Rs 1,350, within a matter of two months of listing dipped to Rs 550. According to highly placed sources, Jet has put off the proposed plan to raise $400 million through a secondary rights issue. I think it’s a pretty wise decision from Jet because the global markets are quite weak at this moment of time and I don’t think Jet will get the valuations that they are looking for.

By Vipin Agnihotri

The Indian economy is in full form, much like the Indian cricket team. According to experts, Indian companies are flocking to the stock markets in droves to raise capital.