BUSINESS

Good response to DCI issue

MUMBAI, FEB. 26. Dredging Corporation of India offer for sale for diluting 20 per cent of Government equity received bids for 26.79 per cent of the issue size within two hours of opening on the exchanges.

The Government fixed a price band of Rs. 358-400 for divesting its stake through 100 per cent book-building.

Our Special Correspondent