ITV

Tag: 15 July

  • IDFC IPO to open on 15 July

    BANGALORE: Infrastructure Development Finance Company Ltd (IDFC) is accessing the capital market for it’s public issue of 403,600,000 equity shares of face value of Rs.10/- each within a price band of Rs.29 and Rs.34. The total public issue comprises of a fresh issue of 120,000,000 equity shares of Rs.10 each and an offer for sale of 283,600,000 equity shares of Rs.10 each.

    Up to 50 per cent of the issue is reserved for allotment to Qualified Institutional Bidders (QIB) on a discretionary basis. At least 15 per cent of the issue will be available on a proportionate basis to Non-Institutional Bidders and at least 35 per cent of the issue will be available for allocation on a proportionate basis to Retail Individual Bidders.

    The pie chart showing IDFC’s involvement in various sectors is (rounded, off and approximate) 34 per cent into energy, 27 per cent into telecom, 26 per cent into transport, 8 per cent into Industrial and commercial infrastructure and the balance into other sectors such as urban services, waste management, rural infrastructure, education and healthcare.

    While SEBI regulations prevented all their officials, whom Indiantelevison.com contacted, from revealing specifics at the press conference in Bangalore today, the company’s red herring prospectus gives an insight into their involvement in the above-mentioned sectors.

    According to the prospectus, the company provides project financing to new projects and acquisition finance to enable consolidation in the telecommunications industry. During fiscal 2005, it approved financing aggregating Rs.13,305 million for eight projects in the telecommunications sector compared to Rs.12,615 million for ten projects in fiscal 2004. Disbursements during fiscal 2005 aggregated Rs. 9,230 million for eleven projects compared to Rs.11,296 million for eleven projects in fiscal 2004.

    The company has provided financing to projects in most telecommunications areas, including cellular basic, national and international long distance and cable, and have lent to most of the major private access providers. The company has also had proprietary equity investment in Bharti Tele-ventures Limited, says the red herring prospectus of the company.

  • MICA course on public relations to start from 15 July

    MICA course on public relations to start from 15 July

    AHMEDABAD: MICA (Mudra Institute of Communications, Ahmedabad) has announced a career development programme in emerging areas of communications – public relations and events management. The course will commence from 15 July 2003 and will cost Rs 150,000 ($4,000).

    A press release adds that the main objective of the programme is to develop students into high calibre professionals in public relations and event management for careers in Public relations, corporate communications, event management and marketing communications functions.

     

    The programme is a nine-month, full-time residential one leading to a post-graduate certificate in public relations and event management.

    The MICA release says that the programme has been designed in collaboration with eminent professionals in the industry. This programme will hence provide a unique blend of academic prowess of MICA and practical rigour of industry, it says.

    The release adds that the educational learning process involves advanced training in theory and applications in public relations and event management. The programme combines disciplines of business management and communications and focuses on management of public relations and events.

    The release also adds that students with a three years bachelor degree or an equivalent qualification in any discipline are eligible to apply. Application forms will be screened and short-listed and candidates will be called for written test and personal interview for final selection.

    The course content and the broad areas of the study would be:
    · Marketing and marketing communication
    · Mass communications and media
    · Corporate reputation management
    · Public relations strategies, tools and campaigns
    · Event management – ideation to execution

    The total number of seats are restricted to 30. The students will also undergo a eight-week on the job training.