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News of the day
US IPO volume in '09 at $17 bn, 2nd lowest total on record
The volume of initial public offer (IPO) in the US in 2009 amounted to $16.6 billion, the second lowest on record, amid uncertainties in the financial sector worldwide.
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Investors lap up DB Corp IPO
This is one of the few IPOs to be oversubscribed in the retail category this year.
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3 Balco officials arrested for Korba chimney collapse
The police have finally arrested top officials of Vedanta Resources charged with the collapse of an under-construction power unit chimney at Bharat Aluminium Company (Balco) in September, killing 41 persons.