Bharti Infratel IPO to open on 11 December

Bharti Airtel Ltd has announced that the Red Herring Prospectus filed by Bharti Infratel Limited, a subsidiary of Bharti Airtel Limited, in relation to its initial public offer of 188,900,000 equity shares of a face value of Rs. 10 each (the "issue"), has been approved by the Registrar of Companies on November 29, 2012. The Issue ...

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Barack Obama re-elected U.S President

(Reuters) - President Barack Obama won a second term in the White House on Tuesday, overcoming deep doubts among voters about his handling of the U.S. economy to score a clear victory over Republican challenger Mitt Romney. Americans chose to stick with a divided government in Washington, however, by leaving the U.S. Congress as it is, with Obama's fellow Democrats controlling the Senate and Republicans keeping the House of Representatives. After a ...

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