Monthly archive: March, 2007
What books are best recommended, on a freshman basis, for a) accounting, b) economics and c) small bus. / IPO’
Morris asks:
I am now part of a business venture and I need to know on a freshman basis regarding econ, accounting and IPO’s and DPO’s. I’m fairly intelligent and have pretty good common sense. I just need to get to speed on the above-mentioned subjects. I would like one book for each subject and when I go to amazon.com there are soooo many books that I just don’ know which is the best or the best valuel. Thanks for all your help.
I am now part of a business venture and I need to know on a freshman basis regarding econ, accounting and IPO’s and DPO’s. I’m fairly intelligent and have pretty good common sense. I just need to get to speed on the above-mentioned subjects. I would like one book for each subject and when I go to amazon.com there are soooo many books that I just don’ know which is the best or the best valuel. Thanks for all your help.
India’s Reliance Power to Spin Off 10 Pct in Nation’s Biggest Ipo
Faith asks:
MUMBAI (AFP) — India’s Reliance Power Ltd announced on Wednesday it will spin off a 10.1 percent stake in an initial public offering that is expected to be the country’s biggest-ever IPO.
The IPO could raise between 2.8 billion and three billion dollars, outstripping the 2.25 billion dollar listing of Indian real estate giant DLF last June, media reports said.
Reliance Power, a unit of the Bombay Stock Exchange-listed Reliance Energy Ltd, has filed a prospectus for the issue of 1.3 billion shares with market authorities, a company statement said.
Shares of Reliance Energy, India’s second largest utility by market capitalisation, have surged 424.2 rupees or 41.3 percent in the past week, after media reports surfaced that its subsidiary Reliance Power would stage the IPO.
“The issue proceeds would be utilized for funding subsidiaries to part-finance construction and development costs of the various (power) projects,” the company statement said.
India’s Mint business newspaper earlier said the share sale was part of a plan to eventually restructure Reliance Energy into three distinct businesses in power, real estate and infrastructure.
Reliance Power won rights to develop a 4,000-MW mega power project at Sasan in the central state of Madhya Pradesh in June. Its parent, Reliance Energy, is building a 1,200-MW power plant at Rosa in northern Uttar Pradesh state.
Reliance Energy grew out of a split two years in the Reliance group that was sparked by a family feud.
Anil Ambani took control of the group’s telecom, power and finance activities while older his brother Mukesh Ambani retained the petrochemical and oil business.
For more information on Real Estate Agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
MUMBAI (AFP) — India’s Reliance Power Ltd announced on Wednesday it will spin off a 10.1 percent stake in an initial public offering that is expected to be the country’s biggest-ever IPO.
The IPO could raise between 2.8 billion and three billion dollars, outstripping the 2.25 billion dollar listing of Indian real estate giant DLF last June, media reports said.
Reliance Power, a unit of the Bombay Stock Exchange-listed Reliance Energy Ltd, has filed a prospectus for the issue of 1.3 billion shares with market authorities, a company statement said.
Shares of Reliance Energy, India’s second largest utility by market capitalisation, have surged 424.2 rupees or 41.3 percent in the past week, after media reports surfaced that its subsidiary Reliance Power would stage the IPO.
“The issue proceeds would be utilized for funding subsidiaries to part-finance construction and development costs of the various (power) projects,” the company statement said.
India’s Mint business newspaper earlier said the share sale was part of a plan to eventually restructure Reliance Energy into three distinct businesses in power, real estate and infrastructure.
Reliance Power won rights to develop a 4,000-MW mega power project at Sasan in the central state of Madhya Pradesh in June. Its parent, Reliance Energy, is building a 1,200-MW power plant at Rosa in northern Uttar Pradesh state.
Reliance Energy grew out of a split two years in the Reliance group that was sparked by a family feud.
Anil Ambani took control of the group’s telecom, power and finance activities while older his brother Mukesh Ambani retained the petrochemical and oil business.
For more information on Real Estate Agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
Question on IPO’s?
Dannie asks:
Ok So I am 22 and looking at getting into the stock market a little bit. What I was wondering is what price do IPO’s typically begin at when a stock is released. Perhaps there is an industry that I believe is hot and a new company in that market. What should I expect the stock to be at when it is released to the public? How should I tell whether the stock will do well or not. Just looking for info. Thanks
Ok So I am 22 and looking at getting into the stock market a little bit. What I was wondering is what price do IPO’s typically begin at when a stock is released. Perhaps there is an industry that I believe is hot and a new company in that market. What should I expect the stock to be at when it is released to the public? How should I tell whether the stock will do well or not. Just looking for info. Thanks
