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What is delaying SAIL FPO? Market conditions, says CS Verma

Reports suggest that the SAIL FPO is a tad delayed. Defending the company its chairman CS Verma said that pre-marketing road shows had only been rescheduled at a few places. "The board has cleared red hearing prospectus for the FPO," he stated.

first published: May 24, 2011 09:11 am

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