QUOTE AND NEWS
The Economic Times  Jul 12  Comment 
This was yet another IPO after Mahanagar Gas, which saw huge listing gains. Mahanagar Gas earlier this month had listed at Rs 540 on BSE
The Economic Times  Jul 4  Comment 
L&T Infotech is set to hit the market next week, and there are reports that six insurers are preparing to launch public offers worth multi-billion dollars.
The Hindu Business Line  Jul 1  Comment 
Mahanagar Telephone Nigam has received an income tax refund for assessment year 2000-01 amounting to ₹112.95 crore. The amount includes ₹52.35 crore towards interest on the refund, it said. The tele...
The Economic Times  Jul 1  Comment 
Mahanagar Gas, promoted by state-run GAIL and British Gas Asia Pacific Holdings, made an offer for sale of up to 24,694,500 equity shares of Rs 10 each.
The Hindu Business Line  Jul 1  Comment 
The Hindu Business Line  Jun 30  Comment 
Shares of Mahanagar Gas, which mopped up ₹1,040 crore through its IPO, will get listed on the NSE and the BSE on Friday. British Gas and GAIL, promoters of Mahanagar Gas, sold 1.23 crore equity share...
The Economic Times  Jun 28  Comment 
Mahanagar, which collected over Rs 1,040 crore through the issue, was subscribed 64.5 times. The IPO closed on June 23.
The Hindu Business Line  Jun 23  Comment 
The initial public offer of city gas distribution company Mahanagar Gas was subscribed over 64 times, on the third and final day of the offer. The company, India’s second-biggest compressed natural g...
The Economic Times  Jun 22  Comment 
The issue received bids for 6,80,27,645 shares, which were 3.92 times the total issue size of 1,73,46,150 shares, data available with stock exchanges BSE and NSE showed.
The Hindu Business Line  Jun 21  Comment 
The initial public offering of Mahanagar Gas was subscribed fully on the first day itself, thanks to qualified institutional investors (QIB) and retail investors.All-round responseAccording to data ...
The Hindu Business Line  Jun 20  Comment 
Mahanagar Gas, the city gas distributor for Mumbai, raised ₹309.3 crore from 25 anchor investors a day before its IPO opened. BNP Paribas, Morgan Stanley, DB International Asia, Abu Dhabi Investment...
The Hindu Business Line  Jun 20  Comment 
The Hindu Business Line  Jun 20  Comment 




 
TOP CONTRIBUTORS

Mahanagar Telephone Nigam Limited (NYSE: MTE) is an Indian telecommunications company competing in the high growth industries of mobile communications and internet service. Mahanagar was the original monopoly provider of fixed-line telephone services in Mumbai and Delhi, but has since the mid 1990s and the opening up of the Indian telecom industry, faced rapid growth and subsequent consolidation of private sector competition.[1] The Indian government continues to hold 56.25% of the company's equity shares despite the government's stated strategy of moving towards open-market policies and their simultaneous granting of licenses to Mahangar's competitors.[2]





References

  1. MTE 2007 20-F, Item 4: Information on the Company, page 10-49
  2. MTE 2007 20-F, Item 7: Major Shareholders and Related Party Transactions, page 70-71
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