MUMBAI: Market regulator SEBI has said it never asked companies to use only the French Auction route for public issues, which failed to elicit the desired response from investors.

"We have not prescribed French Auction. It's a choice of the issuer," Securities and Exchange Board of India (SEBI) C..

NEW DELHI: The sudden change in the global market condition and the sharp fall in Indian stock market could affect the price NTPC gets in its follow-on offer that is scheduled to open on February 3.

A meeting between four investment bankers and officials from NTPC and department of disinvestment ..

MUMBAI: Indian markets seem set to end 2009 on a high note. Positive global markets and encouraging comments from the finance minister Pranab Mukherjee that the stimulus package may not be withdrawn in a hurry helped the benchmarks hit new highs of the year. However, trade may turn volatile later in..

MUMBAI: Shares of state-run power producer NTPC on Tuesday climbed over four per cent on the Bombay Stock Exchange in morning trade, a day after the government approved a 5 per cent stake sale in the company.

The stock surged by 4.25 per cent to touch a high of Rs 223 on BSE. On the National Stoc..

At 11:23 hours IST, the markets wiped out some early gains and were trading marginally higher with volatility. Cement, technology (barring Wipro)and oil marketing companies'' share were under pressure. Private banking stocks also retreated.

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