Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
The Asus ZenFone 5Z, which was unveiled at MWC 2018, Barcelona, finally arrives in India. Ashish Narsale gives you a sneak peek into what the phone has to offer.
The regulator will conduct forensic audit of all the seized documents, laptops, and mobile phones, which are suspected to be involved in the fraudulent activity, reports Shrimi Choudhary.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The open offer is slated to commence on June 17 and close on June 28
Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
Private players offer convenience for slightly higher rental than banks.
Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
BSE, the oldest stock exchange in Asia, aims to raise up to Rs 1,243 crore from the IPO, which has a price band of Rs 805-806 per share.
First case filed after new norms come into force, NCLT admits plea.
Apple's latest baby, priced at Rs 28,000 in India, is designed for education.
'His secularism merely declared the equality of all religions in India under fundamental rights.'
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Asian shares ended higher following a relief rally in global equities after centrist candidate Emmanuel Macron won the first round of the French presidential election.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
When it comes to key hands-on management positions, India Inc is still largely run by men.
Today, the Ladakhis and Tibetans have been joined by the Sikhs, the Madrassis, the Garhwalis, the Rajputs, who are well trained psychologically and otherwise, to defend the nation, observes Claude Arpi.
Seven policemen were on Saturday killed and 10 persons were injured in a gunbattle with Naxals in the Maoist hotbed of Sukma district in Chhattisgarh.
By evaluating their loan rate against the best available every year, borrowers can achieve considerable savings over the entire tenor, suggests Sanjay Kumar Singh.
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
The stagnation in US-Russia relations does not augur well for New Delhi's strategic interests, says Harsh V Pant and Raj Kumar Sharma.
As the Sensex continued with its record-breaking show, over 750 stocks hit one-year high levels on the Bombay Stock Exchange on Friday.
Delays in returning money for disputed transactions have also come under RBI's scanner.
'Many misunderstood non-violent satyagraha as a passive strategy; it was anything but that,' notes Colonel Anil A Athale (retd).
During the visit, she reviewed the security situation in the border region and inaugurated a bridge that will link Leh to Karakoram, providing connectivity on the strategically important Darbuk-Shyok-Daulat Beg Olde axis for military transport.
Markets end almost flat, bluechips in focus.
The RBI has been critical of banks for using restructuring schemes to hide the stress.
With Modi's international image seriously damaged -- perhaps, irrecoverably -- and Indian foreign policy finding itself in drift, we move on to the New Year in a depressing scenario, points out Ambassador M K Bhadrakumar.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.
'Who put the fear of god into Imran Khan and how it happened we do not know, but the great cricketer panicked and called Mahathir to regret that he cannot attend the KL Summit,' notes Ambassador M K Bhadrakumar.
