  February 9,2010 | Last update 5 minutes ago |
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 Hathway IPO is plagued by debt, losses, conflict of interest and court casesPromoters hold 18% and affiliates hold 77.5% of the equity capital in Asianet, a direct competitor. There are 23 criminal cases pending against the company, its subsidiaries and promoters. Money is being raised despite four successive years of losses, offering exit to private equity investors Financial hotshot Sameer Sain’s future role in Future Sameer Sain had come from Goldman Sachs to make Future Capital a financial powerhouse. The stock is down 81% after listing in Feb '08 DP World expects relaxation in Indian cabotage policy
The company expects that the Indian government will soon take a decision on the relaxation of the cabotage policy, given its huge investment in the Vallarpadam port project |
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 Watch 16,000 as a trigger for another short rallyVolatility ruled the day in Indian markets on the back of weak global cues  Why are milk and dairy prices increasing?Besides the demand-supply mismatch, rising off-take of processed milk from corporate brands has resulted in milk prices spiralling in recent months  TCS restores its website after hackers put it up for saleThe Tata group company has restored its website tcs.com after hackers allegedly changed its domain name and put it up for sale  Network18 lays off 350 more employeesIncreasing competition and loss-making revenue models have been forcing Network18 to go in for cost-cutting measures  Bankers paid out of their pocket for NTPC issueApart from managing the issue at zero fees, lead managers are even paying all other expenses such as legal and listing fees |
Their Voices Columnists  Debashis Basu Precariously Poised If we don’t get a snap-back rally soon, things can be pretty ugly, especially below 15,300 
 Anil Thakraney Parle Agro Hippo: Another social idea, Just when you thought advertising couldn’t get more bizarre, along comes this ad
 Dr Samir Kelekar Serious Web security issues in India We probably need an agency where top hackers would sit day in and day out trying to find security holes in our Internet infrastructure
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