IndusInd Bank announced that it has expanded the capabilities of its video banking services, with the integration of ‘Video KYC’ platform, thus offering a fully-integrated, zero-contact, completely digital account opening facility for booking fixed deposits in just a few steps.

Amid Coronavirus breakout, the pharma sector has also started to flourish along with other sectors but then, should one consider investing in pharma funds? Let’s find out.

On May 20, 2020 Jubilant Foodworks announced its quarterly results for the quarter ended March 31, 2020. The total income stood at Rs 918.3 crore as per ‘Ind-AS 116’, showing an increase of 4.3 per cent.

In spite of the growing concerns of slow GDP growth and reopening of Indian economy from lockdown; on Thursday, Sensex managed to close in green, inching up by 0.37 per cent or 114.29 points at 30,932.90 levels while, Nifty increased by 0.44 per cent or 39.70 points to close at 9,106.25 levels.

On Thursday, Welspun Corp Limited informed the bourses that the company has been awarded contracts for the supply of 102 kilometre-tonne (KMT) of pipes from various parties.

Shares of Ajanta Pharma were trading in green on Thursday after the pharma company reported strong numbers for the quarter and fiscal year ended March 31, 2020.

Its revenue from operation fell by eight per cent YoY to Rs 6,816 crore.  This was due to 33 per cent YoY fall in domestic volumes, which was partially offset by seven per cent YoY growth in export volumes.

Colgate-Palmolive reported its fourth quarter of FY19 result today. Revenue for the quarter came in at Rs 1,071.26 crore, registering six per cent YoY decline

The latest circular by SEBI allows the listing of mutual fund units of schemes that are in the process of winding up. This will help generate liquidity for investors stuck in the current frozen Franklin Templeton debt mutual fund.

The market opened in the green on May 21, 2020. The previous trading session witnessed the Sensex going up  by 622.44 points to end at 30,818.61 and the Nifty was up 187.45 points to close at 9,066.55.