If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: firstname.lastname@example.org.
Sunday, May 03, 2015
DO YOU KNOW?
According to a well known financial weekly, more than 300 companies are planning to come up with IPO, which include Indigo Airlines, DM Healthcare and Narayan Netralay. The SEBI has given approval to 10 IPOs to raise Rs.4625 crore, while 14 companies are waiting for go ahead to raise Rs.4842 crore. This is believed to be the best chance for the P/E investors to offload their stake.
Recently VRL Logistics IPO got 74 times subscription, while INOX Wind got 14 times subscription. REC and Coal India also got bid worth Rs.2000 crore and Rs.1200 crore respectively. Thus the secondary market is witnessing correction, while primary market is witnessing bull run.
Does this mean that the FIIs are withdrawing money from the secondary market only to invest in these IPOs; slated later this year (FY16) ? This might also mean that, all the correction in the 2ndary market is probably not due to MAT related issues. Isn't it?
Therefore, the moot point: is the correction in the Indian markets, triggered by the FIIs, somewhat synthetic in nature?