ADAG group company Reliance Capital intends to exit the mutual fund space by selling its 42.88 per cent stake to its JV partner Nippon Life Insurance company in order to reduce their debt.

Overall volumes in futures & options currently stand at 2.50 crore contracts with a turnover of Rs. 15,14,786.09 crore.

Overall volumes in futures & options currently stand at 2.50 crore contracts with a turnover of Rs. 15,14,786.09 crore.

In the coming session, the upmove from hereon may not be smooth for the index as it is yet to encounter major resistance points that are present in the form of 50-day and 200- day moving averages, which are placed at 10,823 and 10,860, respectively. Stocks in news: Majesco, BEL, KSCL, BEML, AU Small Finance Bank, Dynamatic Technologies, Tata Steel and Allahabad Bank.

After two straight days of gains, will it stop raining gains for Indian markets? Well, the subdued cues from the Asian peers and the disappointing data from the US overnight are certainly pointing at a shaky start. The SGX Nifty at the time of writing is seen trading down by 20 points at 10,793. 

Zydus Cadila has received the final approval from the USFDA to market Phytonadione Tablets. The group also received the final approval for Colchicine Tablets USP (US RLD - Colcrys), 0.6 mg.

The stock of Ashoka Buildcon was up more than 9 per cent on Thursday as the company was declared as the Lowest Bidder by the NHAI for the Tumkur – Shivamogga section, near Bengaluru, Karnataka.

The company plans to buyback around 2.10 per cent of it paid-up equity capital for not more than Rs. 1,956 crore. Following the announcement, the stock hit 52-week high on Thursday.

The Supreme Court of India has given a decision in favour of popular painkiller Saridon by exempting its formulation from the list of banned FDCs (Fixed Dose Combinations).

Insurance is one of the ways in which you can manage your risk, and a personal accident is one of the major risks you face. So, is it necessary to have a personal accident insurance despite being covered with health and life insurance? Let’s find out.