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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.
    On Reliance Capitals partnership with Nippon Life, Ambani said their Rs 9,000-crore investment in life insurance and asset management businesses represents the largest FDI from Japan in India.Business
    RCap seeks to sell entire RNAM stake

    A deal could help Reliance Capital clear 40 per cent debt.

    22 Feb 2019 12:22 AM IST

    Kaveri Seeds shares fell nearly 14 per cent to a low of Rs 399 in the intra-day trade before finally closing at Rs 421.45, down 9.95 per cent, from the previous close. (Representational Image)Business
    Kaveri Seeds stock tumbles 10 per cent

    Kaveri Seeds is the largest producer of hybrid cotton seeds in India.

    20 Feb 2019 1:13 AM IST

    In the annual reports verbosity of non-statutory (voluntary addition) content rose alarmingly.Business
    Annual reports go for makeover; work on looks and content

    The reports now come in vibrant and colourful avatars and are well-designed, shedding their jaded existence of the past.

    19 Feb 2019 12:34 AM IST

    It is learnt that the fund house will buy stocks worth Rs3,000 crore from the market as it is going to retain subscriptions worth Rs 13,000 crore.Business
    Bharat-22 receives applications worth nearly Rs 50,000 crore

    In one day alone, the additional offering on Bharat 22 ETF attracted about 1.25 lakh applications.

    16 Feb 2019 1:06 AM IST

    But were convinced by bank officials to invest in insurance, mutual funds or equity-linked savings scheme promising attractive returns. (Representational Image)Business
    SIP mop up hits new high in January

    SIP has been gaining popularity among MF investors, as it helps in rupee cost averaging and disciplined investment.

    12 Feb 2019 12:30 AM IST

    The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)Business
    Rate cut cheers auto, NBFC stocks

    Though Sensex and Nifty-50 closed flat, the RBI announcements led to buying in select consumption related stocks.

    8 Feb 2019 12:56 AM IST

    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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