Rakesh Jhunjhunwala makes huge bid in IndiGo IPO

THE ECONOMIC TIMES Fri, Nov 06, 2015 | 08:01 AM IST ET Investment Opportunities

Rakesh Jhunjhunwala makes huge bid in IndiGo IPO Rakesh Jhunjhunwala makes huge bid in IndiGo IPO Often called India's Warrent Buffett, Jhunjhunwala was also one of the early-stage investors in SpiceJet, another low-cost airline. BPCL planning IPO of Bina refinery next year: Chairman S Varadarajan BPCL planning IPO of Bina refinery next year: Chairman S Varadarajan BPCL is planning to launch an initial public offer of its Bina refinery unit next year, chairman of the state-owned firm S Varadarajan said. IndiGo IPO: It isn't only about numbers, but satisfied customers also IndiGo IPO: It isn't only about numbers, but satisfied customers also Not only is practically every potential investor in IndiGo IPO a regular customer of the airline, they are all satisfied customers. Retail investors should wait for secondary market listing as IndiGo IPO valuation high Retail investors should wait for secondary market listing as IndiGo IPO valuation high Even though IndiGo has superior financials and dominant market share in India, the IPO appears expensive from retail investors' perspective.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Reliance FHF XXIX Series 13 Reg-G Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 Reliance FHF XXIX Series 13 Reg-D Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 Reliance FHF XXIX Series 13 Direct-G Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 Reliance FHF XXIX Series 13 Direct-D Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 UTI Fixed Term Income Sr XXIII-VIII (1100D) Direct-G Debt: FMP Closed-end 06 Nov 2015 20 Nov 2015 5,000 More >>

Real Estate News

Basements can be sold and registered independently in Haryana In a landmark judgment that is bound to bring relief to property owners, the Supreme Court ruled on September 17 that basements of residential houses can now be sold and registered separately in Haryana. Store in style Store in style NRI demand in Indian realty up in Oman Indian developers do visit Muscat periodically to organise individual road shows but here again local licensing laws impose stringent stipulations without which it would be difficult to reach the target audience. What makes Noida Extension first choice of property buyers The future holds great promise both for individual buyer who wants a house to live and investors both individual and large.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   DHFL Pramerica Tax Savings Reg-G Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 DHFL Pramerica Tax Savings Reg-D Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 DHFL Pramerica Tax Savings Direct-G Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 DHFL Pramerica Tax Savings Direct-D Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 Axis Hybrid Series 28 Direct-G Hybrid: Debt-oriented Conservative Closed-end 27 Oct 2015 10 Nov 2015 5,000 More >>

Views and Recommendations

Nifty50 to find support at 7,950-7,930: Mitesh Thacker 06 November, 2015, 07:54 AM IST Even a gap down opening of 30-40 points would be a good selling opportunity on Friday, says Thacker. Any 30-40 point gap down on Nifty50 should be sold into: Sandeep Wagle 06 November, 2015, 08:00 AM IST In case there is weakness to follow —which is very likely —I do not see a bounce back beyond 30-40 points, says Wagle. Market mature enough to digest Bihar outcome soon: Deven Choksey 06 November, 2015, 07:55 AM IST I do not think that Bihar elections is an end of story for any government for that matter. See 50-60% upside potential in Majesco: Daljeet Singh Kohli 06 November, 2015, 07:57 AM IST We have a buy rating on the stock with a target of Rs 549; we reiterate that Majesco is a long-term investment, says Kohli.

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