IPO’s Which Opened This Year | 2017

In a stock market an IPO means Initial Public Offer which is the first availability of shares for public. It is also called the primary market. An individual can submit an IPO form through stock broker to avail the IPO stocks. Here are the list of IPO which opened in this year in India.

Shalby Hospitals Image

Shalby Hospitals IPO December 2017

2017 IPO List

December

Shalby Ltd – Dec (Opening Price – 245-248)
Future Supply Chain Solutions Ltd (Opening Price – 660-664)

November

HDFC Standard Life Insurance (Opening Price – 290)
Khadim India Pvt Ltd (Opening Price – 750)
The New India Assurance Company (Opening Price – 800)

October

Mahindra Logistics Limited (Opening Price – 429)
Reliance Nippon Life Asset Management Ltd (Opening Price – 252)
General Insurance Corporation of India (Opening Price – 912)
Indian Energy Exchange Ltd (Opening Price – 1650)
MAS Financial Services Ltd (Opening Price – 459)
Astron Parper Board Mills Ltd (Opening Price – 245-248)
Godrej Agrovet Ltd (Opening Price – 460)

IPO List 2017

 

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AirTel Looks Upon RCom Spectrum

Bharti AirTel expressed its interest on Rcom’s spectrum. As per reports Reliance communication is having a debt of upto 50000 Crores and the company is shutting down its various departments like Broadband, 2G and 3G networks.
If the auction deal happens  it will be a great progression for Airtel after Telenor merger.

Airtel current price level is NSE 500.10  and Rcom at level NSE 13.75.

It is not necessarily a company can buy the assets but more than one company get this opportunity. There were rumors that Relaince Jio has eyes on Rcom properties. But all these financial news didn’t came official.

 

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Jeep Renegade Launch In India

It is always been a question why the Renegade version still not in the Indian market. There are hope that it will be launched in Indian market by 2018. The price is always been a confusion it can be in between 10 Lakh to 30 Lakh according to the model.

Jeep Compass and other models are being a success in the market, Renegade can be an upcoming super hit version.

Even though it is a basic compact SUV, the design and features will make it popular among Indian people. The model comes with 4×2 and 4×4  varients. If the model get launched it will be a big competitor for Eco Sport and Brezza.

Jeep Renegade Gallery

Varients : Sport, Latitude, Altitude and Trailhawk

The American brand is already a hit in the international market and now they are expanding the business in India, China and Brazil. Already the company run its testing in India streets, which denotes the arrival of this exciting compact model.

Current available models of Jeep in Indian market

Grand Cherokee, Wrangler, Compass and Grand Cherokee SRT

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Top 3 Websites To Analyze Indian Stocks

The Indian Stock Market is trending these days, its fluctuating as well as showing some growth in it.

People are eager to know what is stock market and many of them doesn’t know how to enter in this world. According to some statistics there are more than 10 million active traders in India.

Here are the best stock referral websites for Indian traders

1). Moneycontrol.com

It provides timely news, stock trends and all the statistics related to a stock. It is easy analyze a company’s P/E value, Book value, capital and yearly profit and loss.

2.) Marketsmojo.com

The website being very popular among people because of its method of valuating a stock perfectly. The website provides information on particular stock valuation, current trend and future.

3.) Chartink.com

As the name implies chartink provides a perfect graph which almost ensure the value of the stock and trend.

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Right To Privacy Is a Fundamental Right Says Supreme Court India

Thursday, Aug 2017 The Supreme Court 9 bench judge declared that right to privacy is a fundamental right to every single person.

The 9 bench says personal liberty is important in life and SC added that sexual orientation is the essential attribute of privacy and must be protected.

The Supreme Court says that discrimination against an individual on the basis of sexual orientation is offensive to the dignity and self-worth of the individual.


Courtesy: Republic TV

 

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What Should I Do With My PF Account?

It is always a confusion for peoples that what I need to do with my PF account, if in a career gap or jobless situation.

Employee Provident Fund is one of the great investment methods to save a little money per month, it also gives 8-9% interest annually. One important thing is that these earnings are tax-free if you are not withdrawing the money before 5-year completion.


Benefits of Keeping EPF

  • EPF considered as Retirement benefit money, so it is always better to continue until you are employed
  • It is Tax-free if you are not taking PF amount within the 5-year timeline
  • switching PF account from one company to new company is an easy process

PF Amount withdrawal

You can withdraw your PF amount if you unemployed for 60 days after the last job. UAN is a mandatory number which will be provided by your previous employer. Before withdrawing your PF you need to make sure that whether you completed 5 years with your PF account or not because if the PF is active less than 5 years, then there will be tax while withdrawing the money. You need to update KYC which is mandatory nowadays, Also you need to verify the bank account, Adhaar card as well as the PAN(PAN needs to be updated to avoid 35% tax for the PF balance 50000 INR and above) card before claiming the amount.

Refer these videos to know how to check your PF balance and withdraw your PF,

 

 

 

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GST: The Goods and Services Tax

GST is implemented in India from July 1st, 2017. What is GST? How it is different from previous tax structure. Consider this business structure, Buying Raw Materials

Manufacturing  -> Sell To Warehouse or Wholesaler -> Sale To Retailer -> Final Sale To Consumer ->


For example, A shoe manufacturer need leather and plastics after production he sells to the wholesale team, Hence they will add labels with additional value to the products. After this, The retailer buys this product and after separate packaging process, they will increase the value to the shoes.

But GST will be levied on all transactions happening during the entire manufacturing chain. That means instead of the excise duty, State wise VAT and the point of sale VAT there is only GST.

The shopkeeper has paid a tax when he bought the item from the wholesaler. To recover that amount, he passes the liability to the customer. GST means the final liability on the end consumer is decreased.

Graphical Explanation


There 3 Kind of GST

CGST: where the revenue will be collected by the central government.

SGST: where the revenue will be collected by the state governments for intra-state sales

IGST: where the revenue will be collected by the central government for inter-state sales


Goods and Service Tax (GST) as the name suggest is one single tax on the supply of goods and services, right from the Manufacturing to the ultimate delivery to a customer.

ie, The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.

 

GST Simple Explanation | Hindi

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