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 The last few months have seen some spectacular sums pouring into equity markets via IPOs. Especially power utility stocks. After Adani Power, we had NHPC and most recently, Indiabulls Power. While over-subscription is expected in an irrational bull phase (like when Reliance Power broke all records last year), >>read more…  It is with a mixture of cynicism, despair and resignation that most Indians view the continuing fiasco at Air India (or Nacil). In a company that is grossly over-staffed, provides abysmal service quality and makes losses consistently, the specter of striking pilots is akin to absurd drama! >>read more… |
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