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I.P.O. / Offerings | 19 November 2012

Jammu & Kashmir Power Development To Go Public

by Vivek Singh
 
@vivek
Jammu and Kashmir Power Development Corporation (JKPDC) is in the initial stages to come out with the IPO.

The state owned hydro-power operator did not divulge any details regarding the amount and timing of the issue.

Proceeds from the public issue would be utilized for implementation of power projects.

Srei Infra To Raise Infrastructure Debt Fund

Srei Infrastructure is planning to raise $500 Mn for its Infrastructure Debt Fund through MF.

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Exova Group Buys Metallurgical Services

Edinburgh based testing, calibration and advisory services provider Exova Group Plc has acquired Mumbai’s Metallurgical Services Private Limited for an undisclosed amount. The buy expands the company’s presence in the country and enhances its offerings in the Asian continent.

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