A bonus issue refers to a corporate action in which a company issues additional shares to its existing shareholders without any cost
Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation
Markets Highlights: Shriram Finance, Bajaj Finserv, Wipro, HCL Tech, and Infosys were among the 23 Nifty50 constituent stocks that ended in the green, with gains of up to 2.48 per cent
The IPO, which is entirely an offer for sale (OFS), will see Seoul-based parent LG Electronics divesting up to 101,815,859 equity shares of face value Rs 10 each from its Indian subsidiary