Jan 16, 2017 at 13:18 | Source: CNBC-TV18
A good dividend yield coupled with a five percent upfront discount makes CPSE ETF attractive for investors, said Sunil Singhania, CIO - Equity Investments at Reliance Mutual Fund. The government plans to raise Rs 6,000 crore from the follow-on CPSE ETF fund offer which will open for subscription on January 17.
Jan 13, 2017 at 17:24 | Source: PTI
Country's third biggest private sector lender Axis Bank today cut its interest offering by up to 0.70 percent, following similar moves by all the major players in the system due to high liquidity post demonetisation.
Jan 12, 2017 at 12:35 | Source: Moneycontrol.com
Retail investors with slightly higher risk-appetite can consider investing in the offer as the track record of the ETF has been good and it holds promise of good returns in future.
Jan 10, 2017 at 12:00 | Source: PTI
The issue size of follow on fund offer, which will open on January 17 and close on January 20, is Rs 4,500 crore with a greenshoe option of Rs 1,500 crore.
Jan 03, 2017 at 19:18 | Source: PTI
The government will take a decision this month on a follow on offer for its CPSE ETF, managed by Reliance Mutual Fund, which will fetch about Rs 5,000 crore to the exchequer.
Dec 31, 2016 at 19:20 | Source: Moneycontrol.com
Prime Minister Narendra Modi addressed the nation following up with the government's November 8 decision to demonetise Rs 500 and Rs 1,000 currency notes. Catch live updates here.
Dec 29, 2016 at 20:00 | Source: PTI
(Attn.editors: The following press release comes to you underan arrangement with PRNewsWire. PTI takes no editorialresponsibility for the same.)Myntra Set to Achieve 25x in Sales and Acquires 5 Lakh NewCustomers During EORS - India's Biggest Fashion SaleBANGALORE, December 30, 2016/PRNewswire/ --- Over 3.5 Lakh Products on Offer and Geared to Deliver 50Lakh Items Over the Three-Day Sale - Ready to Double theSales of the Previous End of Reason Sale (EORS) Edition Myntrawill kick-start 2017 with the 5th edition of the country'smost loved and iconic End of Reason Sale (EORS), India'slargest fashion sale with 3.5 lakh products on offer at 50-80percentdiscounts; to be held between January 3rd and 5th. Withparticipation from over 2000 global and Indian brands, Myntraexpects to clock over 25x in sales.
Dec 07, 2016 at 20:50 | Source: PTI
Following Reliance Jio's extensionof free services till March, telecom operator Vodafone todaystarted offering double 4G data usage under existing schemespriced above Rs 255, thereby reducing prices by 50 per cent.
Dec 06, 2016 at 07:44 | Source: PTI
BSE-SME listed Majestic Research Services and Solutions' follow-on public offer of 943,200 shares at a price band of Rs 106-114 to raise Rs 10 crore has been over-subscribed 1.54 times.
Nov 29, 2016 at 10:14 | Source: Moneycontrol.com
This tender has received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender follows an allocation of approximately 1,200 MW in early 2015 where a fixed tariff of INR 7.01/kWh (USD 0.10/kWh) was offered to developers, Bridge to India said.