IPO update (day 1) -Infinite Computer Solutions: QIB at 0.816 times; NII at nil & Retail at 0.18 times -Birla Shloka Edutech: QIB at nil, NII at 0.35 times and retail at 0.244 times
DLF exclusive: from sources -DDA (Delhi Development Authority) rejects DLF's request for Rs 900 crore refund for Dwarka Convention Center -DDA tells DLF to complete project; else face penalty or suit -DLF not keen as DDA said it can't form consortium for executing project -DLF declines to comment Alert -Refund from DDA central to DLF's monetization plan -DLF was sole bidder in 2007 for DDA auction for Dwarka Convention Center
Bharti Airtel -Bharti Airtel-Warid deal announcement likely today: From Sources -Alert: Bharti to take 70% in Warid Telecom from UAE's Dhabi Group
NTPC divestment update -NTPC filed DRHP yesterday -NTPC issue via french auction route; govt expects NMDC issue to raise Rs 14,000 crore -Alert: NTPC issue Feb 3-5 NTPC to CNBC TV18 -Have 18000 MW under construction; working on additional 10000 MW -Growth likely to be higher at 13% CAGR over next few years -Targeting gas based projects in twelvth plan -First merchant power plant in Korba to be operational by May June 2010 -Second merchant power plant - farakka to be commissioned in FY11 -Working on six coal blocks; targeting 25% of captive coal sourcin by FY17