A cash-strapped MSEB still favours a few
Ispat Industries owes the loss-making MSEB a hefty Rs 150 crore. About a year ago, when the arrears were approximately Rs 100 crore, MSEB had tried to force Ispat to cough up some money by cutting off power supply to its Dolvi unit.



Investors beware, promoters rushing in with IPOs
Promoters are not wasting this opportunity. With the stock markets showing signs of stability, promoters have started rushing in with new issues to take advantage of the appetite of investors in ICE stocks.



Rights issue market witnesses major downturn
Fund mobilisation by listed companies through rights issues from shareholders has recorded a major fall in the current financial year. In the first 5 months, only a handful of 10 companies have made rights issues, with an aggregate mobilisation of Rs 334 crore.



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`Arbitrator has no power to file an award'