CarTrade IPO to open on Aug 9; price band set at Rs 1,585-1,618/share

Online auto classified platform CarTrade Tech on Tuesday said it fixed a price band of Rs 1,585-1,618 a share for its nearly Rs 2,999-crore initial public offer. The initial public offering (IPO)......

MFs Are Putting Investors' Money At Risk

Mutual funds, as experts and custodians of another set of retail investors' savings, play a speculative game they are neither supposed to nor equipped to do, cautions Debashis Basu. IMAGE: The PB......

Ban Loss-Making Companies' IPOs!

The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu. Illustration: Dominic Xavier/Rediff.com Towards the end of every bull market, glamorous......

Cars24 raises $400 mn in funding, valuation up 83%

The investment will be utilised for the company’s expansion in West Asia, Australia, and Southeast Asia, and to strengthen its foothold in India. Deepsekhar Choudhury reports. Cars24, an......