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Food security law can't cater to APL families
The central pool of food grains is insufficient to provide for families above the poverty line (APL) who are covered by the Targetted Public Distribution System (TPDS), if they are to be all included in the proposed National Food Security Act, show data from the Planning Commission.

Table for one
In the same way that you should get massages and take naps or meditate, you should, everyone should, make a point to eat out by yourself from time to time,” wrote Amanda Hesser in her wonderful Cooking for Mr Latte. “You should be kind enough to yourself to lavish your appetite with good food without the interruptions of company.”

News of the day

India, China in talks for FTA
A day after Indian Prime Minister Manmohan Singh and Chinese Premier Wen Jiabao smoked the peace pipe, New Delhi today said it was in discussion with Beijing for a free trade agreement aimed at breaking the duty barriers for bilateral trade.
Public Relations

Adani Power IPO subscribed 14 times

The initial public offer (IPO) of Adani Power, which closed today, got subscribed over 14 times with most of the bids coming in from institutional investors. - Adani IPO subscribed almost four times ">Adani IPO subscribed almost four times - Anchor investors pick up their Adani Power IPO pie - Powerful, but pricey - Adani Power IPO to sizzle capital mkt this week - IPO investing can be lucrative now - NHPC, Adani IPOs power grey mkt The issue which has roped in institutional investors like Credit Suisse and T Rowe Price International Inc, received bids for over 350.26 crore shares against 24.87 crore shares on offer, achieving a demand for 14.08 times the shares on offer. Marketmen said attractive price band of the IPO enthused investors besides the overall recovery in the secondary market that is getting reflected in the primary market. Leading institutional investors participated in the issue as anchor investors and subscribed to over 5.28 crore shares at Rs 95 a piece.Anchor investors are the qualified institutional investors for whom bidding process is carried out a day before the issue opens. The price band of IPO has been fixed between Rs 90-100 and the electricity generating unit of Adani Enterprises will raise Rs 3,160 crore at the upper end of the band. The IPO began on July 28. Enam Securities, JM Financial Consultants, ICICI Securities and SBI Capital Markets are iacting as lead managers for the issue.


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