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Plan Panel identifies 4 PPP models for higher education
Setting the agenda for the new UPA government, the Planning Commission has zeroed in on four business models to promote higher education through Public- Private Partnership (PPP) mode.

Aluminium may substitute copper on price volatility
All the base metals on the London Metal Exchange continue to rise higher and higher, aided principally by the growing investor support, improving global economic sentiment and inflation in smelter operational costs. At this point, with investors deciding to pin their faith on positives like good showing by China and India; and Euro zone breaking out of recession and not to be bothered by still wobbling US economy, copper is bid at $7,454 a tonne and aluminium at $2,293 a tonne, for ready delivery.

News of the day

Real estate slowdown hits rly land development plan
The liquidity crunch in the real estate sector has hit Indian Railways’ efforts to lease out surplus land for commercial development on public-private partnership.
Public Relations

DB Corp fixes IPO issue price at Rs 212 per share

Media house DB Corp, the publisher of Hindi newspaper "Dainik Bhaskar", today said it has fixed the issue price of its initial public offer at Rs 212 per share, garnering Rs 384.22 crore through the offer. - Troikaa Pharma to put Sanand plan on hold till December 2010 - Vibha Seeds" IPO in 2 years - Sebi holds hearing on IPO scam - QIP shares jump 23%, IPOs lag - Vanita Kohli-Khandekar: The print media paradigm">Vanita Kohli-Khandekar: The print media paradigm - Newsmaker: Ramesh Chandra Agarwal">Newsmaker: Ramesh Chandra Agarwal The company has fixed the issue price for non-retailers at Rs 212 per share, while for the retail investors it would be Rs 210 -- a discount of Rs 2 per equity, DB Corp Ltd said in a statement today. At the issue price, the company successfully generated Rs 384.22 crore through the public offer. The firm, which publishes newspapers in three languages -— Hindi, Gujarati and English -— entered the capital market with a total issue size of 1.81 crore shares, including 32.71 lakh equities reserved for anchor investors, in the price band of Rs 185-212 a piece with the face value Rs 10 each. The IPO had received robust response from investors and got subscribed nearly 40 times, making it the best IPO in terms of investor demand so far this year. DB Corp Ltd"s public issue, which opened on December 11, closed on December 15. The IPO constitutes about 10 per cent of fully diluted capital of the company.


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