DSIJ Mindshare

The World Bank forecasted Indian economic growth to accelerate to 7.3 per cent in 2018-19 and to further speed up to 7.5 per cent in 2019-20.

The IPO of Sandhar Technologies Limited will remain open for subscription from March 19-21, 2018. The issue comprises of fresh issue of equity shares of Rs. 10 aggregating up to Rs. 300 crore and Offer for sale of up to 64,00,000 equity shares.The issue price is in the range of Rs. 327-332 per equity share having a face value of Rs. 10 each. The minimum lot size consists of 45 shares.

PSB Central Bank of India spiked up more than 15 per cent as 0.8 per cent equity of the bank was traded in two block deals.

The aftermath of PNB scam has created various shifts in banking system and regulators have tightened the grip on banks across the board. In a new resolution shared by RBI, it has banned banks for issuance of LoU (Letter of Undertaking) for availing buyers credit.

MMTC Limited on Wednesday intimated the exchanges that the company will consider and approve the proposal for issue of Bonus Shares in its meeting scheduled to be held on March 19, 2018.