Latest News
Date : Sun, 05 Sep 2010 17:39:41 GMT
Three Indian swimmers test positive
Three Indian swimmers, including two from the country\'s Commonwealth Games squad, were provisionally suspended on Sunday for failing dope tests.
Date : Sun, 05 Sep 2010 17:39:40 GMT
India testfires Brahmos cruise missile
India on Sunday testfired an advanced version of a supersonic cruise missile, officials said, as part of the country\'s drive to boost its defence system. The Brahmos, which can travel at up to 2.8 times the speed of sound and has a range of 290 km (180 miles), was tested at a test range in Orissa.
Date : Sun, 05 Sep 2010 17:39:40 GMT
Pakistan series opens with air of suspicion
England play their first Twenty20 international on Sunday since claiming the World Cup in Barbados this year against a backdrop of suspicion and innuendo rather than celebration.
Date : Sun, 05 Sep 2010 17:39:40 GMT
IMF`s Lipsky says moderate world recovery underway
The world economy is recovering moderately but still faces challenges such as the need for mediumterm fiscal consolidation, the IMF\'s First Managing Director, John Lipsky, said on Sunday.
Date : Sun, 05 Sep 2010 17:39:40 GMT
ICC to appoint independent commissioner for spotfixing
The International Cricket Council (ICC) will appoint an independent commissioner to determine the fate of the three Pakistani players fighting spotfixing charges.
Date : Sun, 05 Sep 2010 09:54:24 GMT
Suzuki to build new auto plant in India
Japan\'s Suzuki Motor Corp is planning to build a new factory in India capable of producing more than 250,000 vehicles a year, the Nikkei business daily reported on Sunday.
Date : Sun, 05 Sep 2010 08:57:09 GMT
China car mkt unlikely to sustain breakneck growth
China\'s car market will continue to grow this year but may not sustain the breakneck pace of last year, the chief executive of Ford Motor\'s China car venture said on Saturday.
Date : Sun, 05 Sep 2010 08:57:09 GMT
Tendulkar tells youngsters to resist lure of money
Indian batsman Sachin Tendulkar advised young cricketers on Friday to resist the lure of money and play the game in the cleanest possible way.
Date : Sun, 05 Sep 2010 08:57:09 GMT
Obama says his economic policies halted bleeding of economy
President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said \"have stopped the bleeding\" and put the middle class on the road to recovery.
Date : Sun, 05 Sep 2010 08:57:09 GMT
G20 members agree economic recovery to continue
G20 delegates agreed on Saturday global economic recovery would endure although the speed of expansion may slow, a South Korean official said.
Date : Sun, 05 Sep 2010 08:57:09 GMT
Nehwal criticises Delhi`s preparations, then backtracks
Delhi\'s chaotic preparations for next month\'s Commonwealth Games proved India was not capable of hosting major international events, Games ambassador Saina Nehwal said on Saturday, before retracting the statement hours later.
Date : Sun, 05 Sep 2010 08:57:08 GMT
Pakistan batsman Hameed denies he alleged matchrigging
Pakistan test opener Yasir Hameed denied on Saturday he had told the British tabloid The News of the World that he had accused his team mates of fixing matches.
Date : Sun, 05 Sep 2010 08:57:08 GMT
Obama running out of options to aid housing market
A further downturn in the battered U.S. housing market has put the Obama administration in a tough spot with few tools to stem foreclosures ahead of congressional elections in which Democrats face big losses.
Date : Sun, 05 Sep 2010 08:57:08 GMT
Three Japan banks to set up 100 bn yen corp rehab fund
Bank of TokyoMitsubishi UFJ and Sumitomo Mitsui Banking Corp will partner with Development Bank of Japan to set up a corporate turnaround fund aiming to invest about 100 billion yen ($1.19 billion), the Nikkei said.
Date : Sun, 05 Sep 2010 08:57:08 GMT
US Govt says no leaking oil at Mariner platform
US government inspectors found no leaking oil at Mariner Energy Inc\'s burned platform in the Gulf of Mexico, officials said late on Friday, allaying fears about more environmental damage after BP\'s massive spill.
IPO
Current IPO
What Does Initial Public Offering - IPO Mean?
The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded.
In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), the best offering price and the time to bring it to market.
Also referred to as a "public offering" .
IPOs can be a risky investment. For the individual investor, it is tough to predict what the stock will do on its initial day of trading and in the near future because there is often little historical data with which to analyze the company. Also, most IPOs are of companies going through a transitory growth period, which are subject to additional uncertainty regarding their future values.