The Board of IL&FS Transportation Networks has approved proposal for rights issue of equity shares of the face value of Rs10 each of the Company to the existing shareholders of the Company on a rights basis ('Rights Issue') upto Rs 3,000 crore.

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  Nifty Future Tips

Nifty future is nothing but the index future where the underlying is the S&P CNX Nifty index. In India, index futures trading started in 2000 in NSE. For Nifty futures contracts, the permitted lot size is 50, and in multiples of 50. Like other futures contracts, Nifty future tips contracts also have a three-month trading cycle - the near-month, the next month and the far-month.

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