Date wise Archive

Port Blair

On demand of the youths, students and general public of Haddo Ward No. I & II of Port Blair Municipal Council, Mr.

Nantoo Banerjee

Does anyone remember Anil Ambani’s Reliance Power IPO in 2008? The highly hyped public issue was launched in February that year during the stock market boom. The IPO was oversubscribed 73 times recording five-million applications. The issue price was Rs. 450 ($9.15) per share. At the grey market, price was around Rs.900 ($18.30). Reliance Power’s maiden IPO garnered an astronomical $190 billion from subscriptions. It was the world’s biggest IPO of its time.

Harihar Swarup

Rahul Gandhi has improved tremendously, sooner than expected as he prepares to take over the mantle of the Congress President, a position held by his mother, father, grandmother and great-grandfather. He is no longer called “Pappu” by his critics. He has now become a leader by his own right and matured as he campaigns in Gujarat where a shattered Congress has emerged as a formidable force to face the BJP in the coming assembly elections. It is said in lighter vein that Prime Minister Narendra Modi has made him a leader by his sustained attacked on Gandhi scion.

The Law Minister of Pakistan, Zahid Hassan, has resigned. The resignation came as a sequel to the change made in the form of affirmation of oath by a member of Pak Parliament relating to the finality of Prophet Muhammad. The phrase “I solemnly swear . . .” was replaced by “I believe…” The change saw a little known organization Tehreek-i-Labaik Ya Rasool Allah (TLY) come out in the streets of Islamabad, Rawalpindi, Lahore and Karachi. Numerically they were in small groups but these groups brought life to a standstill in the main cities of the country.