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After a big-bang debut on the stock exchange in the morning on Thursday, the state-owned coal major registered m-cap of Rs 2.03 lakh crore withing first hour of trade.

 
 
At the end of the first day, total market capitalisation of the coal behemoth stood at Rs 2,16,240.73 crore. As a result, CIL is now the fourth most valued Indian firm.
Petropars has offered the state-owned oil major and the Hinduja Group 40 per cent stake in the development of Phase-12 of the giant South Pars gas field.
The government agrees to give an additional Rs 3,000 crore to them to make up for part of revenue they lost on sale of fuel below cost.
Finance Minister Pranab Mukherjee says the Centre would not create a situation in the market where the shares of PSUs get "underpriced".
 
 
The IPO had garnered a robust demand of over 960.36 crore shares, against 63.16 crore equities on offer. It translated into a total demand worth Rs 2.35 lakh crore.
The major push from the state-owned oil major will come from development of finds in and around block KG-DWN-98/2, next to Reliance Industries' giant KG-D6 block.

Bharat Heavy Electricals registers a 33 per cent growth in its standalone net profit at Rs 1,142.28 crore for the second quarter.

PowerGrid Corporation of India Ltd says its estimated Rs 8,400 crore follow-on public offer will hit the capital market on Nov 9 and close on Nov 12.

Uncertainty continued over Posco's Orissa steel plant project with a government committee to assess violation of forest laws giving a divided opinion.

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