Blackstone-backed International Gemological Institute IPO to open on Dec 13, aiming to raise Rs 4,225 crore
The offer includes a fresh issue of Rs 1,475 crore, along with an offer for sale (OFS) of Rs 2,750 crore. The company submitted its draft papers on August 27, 2024, and received an observation letter from the Securities and Exchange Board of India (Sebi) on November 28.
Explained: What are different types of SIPs available for mutual fund investors
In a regular SIP, investors contribute a fixed amount at regular intervals, such as monthly or quarterly, regardless of market conditions. When starting a regular SIP, investors must choose the contribution amount, tenure, and investment frequency. Once set, the contribution amount cannot be changed during the investment tenure.
Scam alert! What Zerodha’s Nithin Kamath said on Trafiksol ITS Technologies IPO, Baap of Chart
Referencing two recent orders from the Securities and Exchange Board of India (Sebi) — Trafiksol ITS Technologies IPO and Baap of Chart — Kamath emphasized that taking shortcuts for quick gains is the fastest way to lose money in the markets.
Exxaro Tiles among 8 stocks nearing ex-dates for dividend, bonus, split next week. Do you own any?
Shareholders who purchase the stock at least one day before the ex-date are eligible for dividends, as the settlement occurs the following day. However, those buying the stock on the ex-date will not qualify for dividends, splits, bonus issues, or similar benefits.
S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
Markets saw mixed results Friday as the Nasdaq and S&P 500 hit record highs, fueled by strong company forecasts and job data suggesting further Fed rate cuts. However, the Dow dipped due to a drop in UnitedHealth Group shares. Lululemon’s surge boosted consumer discretionary stocks. Rate cut expectations increased following the jobs report.