Archive for the Business Category

  • Personal Finance Advice: A Simple Question and Answer Website

    I have been looking for a website where I can ask personal finance questions.
    Questions like:

    I have Rs. 1,00,000 to invest, what are my options?
    I want to start a Life Insurance Policy, where do I start?
    I bough a car last year with a loan from a bank. I want to sell it and get another car, [...]

    Posted in Business - 14 May 2010 - No comment

  • No End to Jet Airways Pilots Strike Day 4: Revenue Loss Rs. 100 Cr

    All hopes of reaching a settlement at a meeting between the Jet Airways Management and the Pilots Guild on Friday, September 11, 2009, were dashed to the ground with no party willing to compromise on their respective stands.  The meeting was held in New Delhi in the presence of the Labor Commissioner. The next meeting [...]

    Posted in Business - 11 September 2009 - No comment

  • Oil India Limited IPO Oversubscribed 31 Times

    The OIL India IPO that concluded on Thursday, September 10, 2009, was oversubscribed as many as 31 times. The IPO that planned to raise Rs. 2,782 crores received as much as Rs. 86,000 crores. The primary reason for this demand seemed to be due to the lower valuation compared to its rivals ONGC and Cairn [...]

    Posted in Business - 11 September 2009 - No comment

  • Jet Airways Pilot Strike Day 3: End of Standoff In Sight?

    This is the 3rd day of the Jet Airway’s strike and looks like there could be some compromise reached finally. So far, 10 pilots have been sacked, over 28,000 passengers stranded, over 700 flights canceled and millions of rupees worth of business flushed down the drain.
    The management seems to have agreed to reinstate the four [...]

    Posted in Business - 11 September 2009 - No comment

  • Oil India IPO: Public Listing of Oil India Limited

    Oil India Limited is a Government run company. It produces 3.5 million tonnes of oil annually. They came out with a public offering last week, this is day 2. The Initial Public Offering which initially invited bids for 2.64 crore shares received bids for over 3.80 crores shares, 44% over the subscribed limit. Most of [...]

    Posted in Business - 10 September 2009 - No comment
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