Sails Sale



GIC Re's $1.7 bn share sale covered 80% on day 1; IEX IPO sails through - VCCircle

The initial public offering of state-run reinsurance firm General Insurance Corp of India (GIC Re) was covered 80% on the opening day on Wednesday thanks to strong demand from institutional investors. Retail investors, whose bid value cannot exceed Rs 2 lakh per application, bid for 5. 6% of the shares reserved for them. GIC Re’s IPO is India’s second-largest offering after Coal India Ltd’s maiden share sale of Rs 15,500 crore in October 2010. The state-run reinsurer is. The IPO received bids for nearly 100 million shares for the 124. 7 million shares on offer, stock-exchange data showed. Source: www.vccircle.com








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Sails Aback
This one is for the sailors: here the sails are aback as the Lady Washington tacks. The wind is on the wrong side and they are pressed against the mast and rigging. This almost never happens in a sloop rig, but it...
Photo by Don McCullough on Flickr
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Sailing Yacht
America is more a classic styled yacht, with sails.
Photo by yachtfan on Flickr
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Sail, Sail, Sale
Sailboats in the harbor & a flying advert on this fine Sunday afternoon
Photo by versageek on Flickr