Over eight crore members of the Employees' Provident Fund can now transfer their retirement savings to the National Pension System which comes under the Pension Fund Regulatory and Development Authority (PFRDA).

Develoment comes barely a week after the US assured India that the H1-B visas issue was not a priority for it and would be part of the larger immigration reforms package.

The D-Mart IPO will close on March 10. Bids for the IPO can be made for a minimum of 50 equity shares and in multiples of 50 shares thereafter. Around 6.23 crore equity shares of Rs 10 each (face value) will be offered to the public.The stock will be listed on both BSE and NSE.

The IPO opened today and close on March 10. The company has allotted little over 1.87 crore shares to 35 anchor investors at the upper price band of Rs 299 apiece.

The Indian benchmark indices opened flat tracking weak global cues after Wall Street declined in consecutive sessions in anticipation of a interest rate hike.

The company, popularly known as D-mart, plans to raise money primarily for repayment or prepayment of a portion of loans and redemption or earlier redemption of NCDs, and construction and purchase of fit-outs for new stores. But let us evaluate whether it will be a value buy.

Bids for the IPO can be made for a minimum of 50 equity shares and in multiples of 50 shares thereafter. Around 6.23 crore equity shares of Rs 10 each (face value) will be offered to the public.

The Rs 1,870-crore IPO will close on March 10.  Bids for the IPO can be made for a minimum of 50 equity shares and in multiples of 50 shares thereafter.

These firms are Avenue Supermarts, owner and operator of supermarket retail chain D-Mart; Music Broadcast, a Jagran group firm that runs Radio City FM channel; Shankara Building Product; BSE-promoted CDSL; and test-prep player CL Educate.

Avenue Supermarts, the owner and operator of supermarket retail chain D-Mart, will come out with its Rs 1,870-crore initial public offering on 8 March.

Despite an increasing number of people taking to organised food retail, there is still heavy competition from local kirana-based stores, who are also moulding themselves to suit the needs of the modern consumer.

Top retailers see better sales in Q2, but not full recovery