·Astec Lifesciences IPO subscribed fully The Astec Lifesciences IPO closed for subscription on 4th November. It received a mild response on the last day and was subscribed 1.56 times. The non-institutional investors’ portion got subscribed 3 times; retail segment was subscribed 2.36 times and QIB 0.61 times. The issue was of 75,00,000 equity shares of Rs 10 [...]
Archive for November 10th, 2009
10 Nov
Indian corporates use downturn to reduce costs
The global crisis changed the growth oriented goals of Indian businesses while there was a focus on operational effectiveness to ensure survival and companies undertook measures to achieve this as per a Price water house Coopers survey, Beyond the Downturn. However, India Inc. seems to have mitigated the impact of the meltdown on their businesses [...]
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