Reliance Power IPO Allotment

Reliance Power IPO allotment status is available now , but just everyone are trying to access it its not working that soon , its taking time to open , so try may be in the nights or try your luck now ,. infact it opens the main page easily in firefox browser for me than internet explorer . May be download firefox browser which doesnt take much time , i have given you the link to download the firefox browser here , download it install it and try it in that.

check the status here: http://www.karvy.com/ipostatus/
Reliance Power IPO Allotment status

Updates : Over 41.7 lakh successful bidders in the retail category will get around 15 shares each while approximately 4.5 lakh retail investors who bid for less than 225 shares would not get any shares according to the allocation as approved.
The excess application money of approximately Rs one lakh crore received from the investors is being refunded to the investors. Post allotment Reliance Power has approximately 42 lakh shareholders. The Equity Shares, offered through this IPO, will be listed on Bombay Stock Exchange Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”) shortly.

Fed Cuts rate by another 50 Basis points

US market closed in red before moving up by more than 200 points the 200 points move happened during the news of FED rate cut .
What oscillated the market today

>Fed cuts the fed funds rate by 50 basis points to 3.00% and the discount rate by 50 basis points to 3.50%
>Fourth quarter GDP lower than expected due to a sharp decline in inventories
>ADP private employment reading beats expectations
>Concerns about bond insurer downgrades

I have to say they are in serious trouble and this would reflect on 2 more quarters and for sure this quarter would be vast for all the company and they will show another big loss for this quarter.

NASDAQ 2349 down by 9.06
DJIA 12442.83 down by -37.47
S&P 1355.81 down by -6.49

Dividend Declared on January 30th 2008

Dividend Declared for Jan 30th 2008 , almost most of the results have come today.

500093 Crompton Greaves Ltd., RD 05-02-2008 40% 2nd Dividend
500108 Mahanagar Telephone Nigam RD 22-02-2008 30% Interim Dividend
500480 Cummins India Ltd., RD 15-02-2008 100% Interim Dividend
500850 Indian Hotels Co. Ltd RD 28-02-2008 Right Issue of Equity
503699 Geodesic Information Syst RD 13-02-2008 10% Interim Dividend
509152 Gujarat Reclaim & Rubber RD 19-02-2008 50% Interim Dividend
509820 Paper Products Ltd., 90 % Dividend
513097 Shivalik Bimetal Controls RD 21-02-2008 15% Interim Dividend
513377 MMTC Ltd., RD 08-02-2008 35% Interim Dividend
523576 Flawless Diamond (India) RD 18-02-2008 5% Interim Dividend
530007 JK Tyre & Industries Ltd. 27 % Dividend
532555 NTPC Limited RD 05-02-2008 27% Interim Dividend
532799 Akruti City Ltd. RD 06-02-2008 18% Interim Dividend
532886 SEL Manufacturing Company RD 06-02-2008 10% Interim Dividend