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RBI Grants In-Principle Approval To Centrum Financial To Set Up Small Finance Bank

RBI Grants In-Principle Approval To Centrum Financial To Set Up Small Finance Bank

Edited by Nikita Prasad (With inputs from Agencies) | Friday June 18, 2021

The Reserve Bank of India granted the in-principle-approval to Centrum Financial Services Limited to set up a small finance bank, paving the way for the acquisition of the scam-hit PMC Bank

Sensex Recovers 850 Points From Day's Low, Snaps Two Day Losing Streak

Sensex Recovers 850 Points From Day's Low, Snaps Two Day Losing Streak

Edited by Abhishek Vasudev | Friday June 18, 2021

Nifty Bank staged a strong recovery from intraday lows as the index recovered 878 points from the day's lowest level.

Paytm Seeks Shareholder Approval For $1.6 Billion Sale Of New Stock: Report

Paytm Seeks Shareholder Approval For $1.6 Billion Sale Of New Stock: Report

Reuters | Friday June 18, 2021

Paytm, which counts China's Alibaba and Japan's SoftBank as backers, will sell new shares and will also have an option to retain an over-subscription of up to one per cent

Novartis India Sheds Over 6% Even After Net Profit Rises 43% In March Quarter

Novartis India Sheds Over 6% Even After Net Profit Rises 43% In March Quarter

Edited by Nikita Prasad | Friday June 18, 2021

Novartis India Share Price Today: On Friday, Novartis India opened on the BSE at Rs 881, swinging to an intra day high of Rs 883.35 and an intra day low of Rs 797.35, so far

Sensex Recovers Over 650 Points From Day's Low, Nifty Trades Above 15,650

Sensex Recovers Over 650 Points From Day's Low, Nifty Trades Above 15,650

Edited by Abhishek Vasudev | Friday June 18, 2021

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1.7 per cent decline. Nifty Metal, Media and Realty indices also fell over a per cent.

Krishna Institute of Medical Sciences IPO Oversubscribed On Final Day

Krishna Institute of Medical Sciences IPO Oversubscribed On Final Day

Edited by Abhishek Vasudev | Friday June 18, 2021

Demand for Krishna Institute of Medical Sciences was among the retail investors as portion reserved for them was subscribed 1.35 times.

ETFs Or Mutual Funds? Find Out Which Is The Better Investment Option For You

ETFs Or Mutual Funds? Find Out Which Is The Better Investment Option For You

Edited By NDTV News Desk | Friday June 18, 2021

If you cannot decide between ETFs and mutual funds, here’s all the information you need to make an informed choice

Economy May Have Shrunk 12% In June Quarter Due To Covid Second Wave: Report

Economy May Have Shrunk 12% In June Quarter Due To Covid Second Wave: Report

Edited by Peter Noronha | Friday June 18, 2021

Indian economy's 12 percentage point contraction in June quarter amid covid second wave may not lead to a sharp V-shaped recovery due to weakened consumer sentiment, says UBS Securities India

Why Risk-Averse Investors Sometimes Prefer Hybrid Funds Over Debt Funds? Find Out

Why Risk-Averse Investors Sometimes Prefer Hybrid Funds Over Debt Funds? Find Out

Edited By NDTV News Desk | Friday June 18, 2021

Hybrid funds have their portfolios constituted in such a way that they include both equity and debt investments

Sensex Drops Over 500 Points, Nifty Below 15,500; Metals, PSU Banks Worst Hit

Sensex Drops Over 500 Points, Nifty Below 15,500; Metals, PSU Banks Worst Hit

Edited by Abhishek Vasudev | Friday June 18, 2021

Share Market Live: Selling pressure was broad-based as all the 11 sector gauges compiled by the National Stock Exchange were trading lower.

Gold, Silver Prices Edge Higher On Value Buying

Gold, Silver Prices Edge Higher On Value Buying

Edited by Abhishek | Friday June 18, 2021

In international markets, Gold rose on Friday, but was headed for its worst week since March 2020 after the US Federal Reserve's hawkish message on monetary policy lifted the dollar higher and dented the safe-haven metal's appeal.

Sensex Rallies Over 200 Points, Nifty Above 15,700; Infosys, TCS Gain

Sensex Rallies Over 200 Points, Nifty Above 15,700; Infosys, TCS Gain

Edited by Peter Noronha (with inputs from agencies) | Friday June 18, 2021

U.S. technology shares jumped on Thursday on optimism around a speedy economic recovery, although the Fed's hawkish message on monetary policy kept the S&P 500 subdued

Stocks To Watch: PowerGrid Corporation, Novartis India, Natco Pharma

Stocks To Watch: PowerGrid Corporation, Novartis India, Natco Pharma

Edited by Peter Noronha | Friday June 18, 2021

PowerGrid Corporation reported a 6 per cent rise in consolidated net profit to Rs 3,526.23 crore in the quarter ended March 2021 from Rs 3,313.47 crore in the same quarter last fiscal

Gautam Adani Lost More Money This Week Than Anyone Else in the World

Gautam Adani Lost More Money This Week Than Anyone Else in the World

Alex Sazonov, Bloomberg | Friday June 18, 2021

Gautam Adani's personal fortune tumbling by about $13.2 billion to $63.5 billion after a media report raising questions about some offshore investors triggered a rout in his conglomerate's six listed stocks

Petrol, Diesel Prices Hiked On Friday. Petrol Above Rs 103 In Mumbai

Petrol, Diesel Prices Hiked On Friday. Petrol Above Rs 103 In Mumbai

Edited by Peter Noronha | Friday June 18, 2021

In Delhi, the petrol prices have been increased by 27 paise to Rs 96.93 per litre and diesel prices have been raised by 28 paise to Rs 87.69 per litre