Garden Reach Shipbuilders and Engineers’ IPO will open for subscription from September 24 to September 26, 2018. The issue is purely Offer for Sale (OFS) consisting of 2,92,10,760 shares worth Rs 344.69 crore. The face value is Rs 10 per equity share. The minimum lot size for subscription is 120 shares with issue price ranging from Rs 115-118 per equity share. For the retail investors and employees, a discount of Rs 5 per share would be offered. Post-allotment, the company would get listed on both BSE and NSE. 

BSE receives another feather in its hat by getting SEBI’s approval to launch Commodity Derivatives Segment from October 1, 2018.

Most of the mutual fund investors end up investing in too many mutual funds in their portfolio, which in long run may prove to be harmful for their portfolio performance. So let’s find out how many mutual funds one should invest in.

SEBI in a further step towards reducing the intermediary cost of mutual fund distribution has bought in various changes. Read on to find them and their impact. 

HFCL has received an advance purchase order worth nearly Rs 611 crore from Bharat Sanchar Nigam Limited (BSNL)

Investment in mutual funds have been increased tremendously in recent times. When it comes to investment people generally talk about returns. But very few know how they are calculated. Let’s find out how the mutual funds returns are calculated.

Dinesh Engineers Limited, a passive communication infrastructure company will be launching its initial public offering.  

Following stocks are close to their 52-week low as at 12.56 p.m. on September 19, 2018.

The markets on September 19, 2018 opened up. BSE Sensex is trading at 37,362.12, up by 71.45 points and the Nifty is trading at 11,300.30, up by 21.40 points. 

IL&FS Transportation Networks witnessed a leap of 9.3 per cent in its share price on intraday  basis on Wednesday subsequent to the company signing a settlement agreement with NHAI.