Sunday, July 25, 2004

Loans for TCS IPO

Well this is radical. I went to Bishtupur (the popular market here in the Jamshedpur) this evening and from a moving auto saw two men holding a banner which read Loans available for TCS IPO. Couldn't see the name of the bank whose initiative it was but never the less its amazing in more ways than one. 

-> The banks seems have become really aggressive. How often would you found them jumping at opportunities like this.

-> Indian advertising is reaching out to make an impression in all nooks and corners of the country. Earlier I   Thought you could find such advertising only in hep places in metros (Multiplex complexes in Delhi for example)


-> Last but the not the least, the days of IPO are back. Another good sign for stock market. While at work back in May in remember how one company asked the underwriting firm (my summer internship co) to go slow with their IPO after the stock market crash. Maybe they too would have come back now. Thank you TCS, its good for you too.

->What is also evident is that retail investor is focus of everybody's attention. He is expected to be interested in and important enough to provide an opportunity big enough for launch of schemes targeted at him

Good days ahead for all three kinds of players here if these expectations are meet.
Searched the net to come across this article:  India's Uco Bank Extends Finance for TCS Float


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