Pakistan shares grief of Baby Falak's death

New Delhi:  Battered baby Falak may have passed away but the two-year-old's struggle for survival continues to move many hearts, not only in India but also in Pakistan.

It has been seven days since Falak, who was brought to AIIMS with severe head injuries, broken arms, bite marks all over her body and cheeks branded with hot iron, died, but the doctors who were treating her are still receiving condolence messages including those from Pakistan.

"...I pray for Baby Falak. May ALLAH shower HIS MAGIC here.. I don't know what exactly to say... I know this - I am sad.. weeping for falak. I am a mother of 2 kids....," Dr Deepak Agarwal said quoting a mail that came from Lubna, a Pakistani national.

Dr Agarwal, assistant professor with the department of neurosurgery at the AIIMS Trauma Centre, had been attending on Baby Falak from the day she was admitted there.

The abandoned baby girl was admitted to the AIIMS Trauma Centre on January 18. After having recuperated from her injuries and waiting to be discharged from the hospital, she suddenly suffered an unexpected heart attack on the night of March 15 and passed away.

During the course of her 58-day treatment at the Trauma Centre, Falak had blood, chest and brain infection and underwent five surgeries and had also suffered two heart attacks.

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ONGC auction disappoints, gets bids for Rs 8,500 cr worth shares

The auction for sale of government's 5 per cent stake in ONGC on Thursday got bids for 29.22 crore shares worth about Rs 8,500 crore, but could fetch only about two-third of the targeted proceeds of over Rs 12,000 crore. At the end of the one-day auction, the auction got total bids for 29.22 crore shares, including 19.92 crore on the NSE and about 9.3 crore on the BSE platform, exchange official said. The final figures were yet to be updated on the websites of the two bourses.

The government had proposed to sell about 42.77 crore shares through the auction at a floor price of Rs 290 a piece.

The total bids were worth about Rs 8,500 crore and accounted for 68.3 per cent of the total offer size.

In the event of the total number of orders received at or above the floor price being less than the number of shares being offered for sale, the government would have the right to either conclude the sale to the extent of subscription or cancel the sale.

The shares would be allocated on 'price-priority' basis, meaning the bidders at highest price would be allotted shares.

The bids were mostly in the price range of Rs 290-293 per share for the auction, which commenced at 9.15 am and closed at 3.30 pm today.

The government had fixed a floor price of Rs 290 per share for the share sale through this one-day auction, wherein it was targetting to raise about Rs 12,000-13,000 crore.

The bidding began on a weak note and only about 37,500 shares were bid for in the first hour. Till 3 pm also, total bids had come in for only about 1.43 crore shares, but the momentum picked up in the last 30 minutes.

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ONGC auction gets bids for 1.43 cr shares

The auction for sale of the government's 5 per cent stake in ONGC gained momentum by early afternoon, as bids came in for about 1.43 crore shares.

The bids have been mostly in the price range of Rs 291-293 per share for the auction, under which the government has proposed to sell about 42.77 crore shares. The auction commenced at 0915 hours and would close at 1530 hours today.

The government has fixed a floor price of Rs 290 per share for the share sale through this one-day auction, wherein it is targeting to raise about Rs 12,000-13,000 crore.

At 1245 hours, bids had come in for a total of 47.7 lakh shares.

The early morning bids had come in the price range of Rs 292-294 a piece, but the price fell to Rs 291-292 by late morning.

In the first hour of auction, bids had come in for about 37,500 shares, while it rose to about 1.7 lakh by the end of second hour of the bidding.

The bidding picked up momentum by the mid-day and bids for more than 10 lakh shares had come in at 1200 hours.

Investment bankers said that the bidding was expected to gain further ground in the last 2-3 hours.

After an initial spike of about one per cent, ONGC share prices had turned weak and was trading 0.6 per cent down at Rs 291.50 at 1250 hours. The stock price has remained above the floor price of Rs 290 and had touched a high of Rs 296.50 within minutes of market opening this morning.

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