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Additional power for Goa industrial estates by 2013

PANAJI: By the year 2013 industries in Verna and other industrial estates in Goa are hopeful of receiving additional power, as the Goa Industrial Development Corporation (GIDC) has signed an agreement with the Ministry of Coal, said a GIDC senior official at the 12th annual general meeting of Verna Industrial Estate (VIE), Saturday.

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Coal India IPO subscribed 34%

MUMBAI/KOLKATA: State-run Coal India’s $3.5 billion dollar initial public offering (IPO), the biggest in the history of Corporate India, was subscribed up to 34 per cent on opening day on Monday, even as the company cautioned that the quota set for employees might not get filled.

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Sensex gains 44 pts

MUMBAI: After dropping over 250 points earlier in the day, the benchmark Sensex reversed losses on Monday to close 44 points up in the last hour buying in IT stocks and healthy second quarter numbers, especially by L&T.

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