The asset managed by domestic mutual fund industry has increased by 7.4% on monthly basis in the month of October 2019. Read on to find what has helped such rise in AUM.

Strides Pharma announced that it is re-launching Ranitidine tablets for the US market. 

People in developed nations take retirement planning very seriously. However, in our country, folks are way behind. In this blog post, we will discuss the importance of retirement planning and what all you need to keep in mind while planning for your retirement.

Every Raymond shareholder will get shares of the new company in the ratio of 1:1. The move aims at creating a clear demarcation between Lifestyle and other businesses of the company, leading to a simplification of the Group structure.

In the last trading session, the Nifty finally managed to close above the important psychological 12,000 mark. Even though it scaled higher, it looks exhausted, which is clearly evident from the number of indecisive candles, it formed in recent times. This indicates that, rather than positive triggers, the market is waiting for a negative one to cool off.

Hold the long positions as long as the previous day's low is protected. Bear in mind that the sell opportunities will come only below 11,800 levels. Till then, it will be better if you avoid short positions and adopt buy on dips strategy as long as 11,800 is intact. Stocks in news: Reliance Industries, Federal Mogul, Bajaj Finance, Raymond.

PNB Housing Finance, a premier housing finance company in India, has raised Rs. 2,500 crores through the issue of secured redeemable nonconvertible debentures (NCDs).

In case of public sector banks, SBI came up with a robust result for the Q2FY20. The improvement in asset quality and strong growth in advances are the biggest takeaways from this quarter, when compared to the same quarter in the last fiscal. 

The following stocks will be in focus during Friday’s trading session in light of their results announcements: Ashok Leyland, Bank of Baroda, Eicher Motors, GAIL and Nestle India.

People often have a certain image of a financial planner in their mind. The most important thing that people expect from a financial planner is that s/he should work in their interest. But is it so? Let’s find out.