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Ravi Ranjan Prasad
About the AuthorRavi Ranjan Prasad
Reporting Indian stock market developments since 2005 from India' financial capital Mumbai and business related news from 1998.Mutual Funds,IPOs, Sebi also on radar.
    PNB Housing Finance, promoted by Punjab National Bank, would be using the proceeds from the share sale mainly towards augmenting its capital base.Business
    PNB Housing's IPO on October 25

    The company aims to raise Rs 3,000 crore of growth capital by diluting 23.5 per cent stake by issuing approximately 4...

    19 Oct 2016 1:30 AM IST

    The Sensex soared 445.91 points or 1.56 per cent to end the day at 28,978.02 while the Nifty surged 133.35 points or 1.51 per cent to close the session at 8,943.Business
    Sensex celebrates 30th year

    On the launch day, the index closed at 549.43 points.

    17 Oct 2016 1:18 AM IST

    Considering the enormous amount of volatility and lack of predictability, many senior citizens have an aversion to invest in stocks or other high yielding instruments. They perceive these to be high-risk and stick to conservative investments like bank fixed deposits. (Representational image)Business
    Fixed deposit rate likely to plunge below 7 per cent soon

    The interest rates are being revised for the second time this year. The last revision occured on April 26, 2016.

    12 Sept 2016 1:18 AM IST

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