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Top Seven Business And Stock Market News Of The Day You Can't Miss — Dec. 18

Important news, must-read stories on NDTV Profit on Monday.

TCS Transforms Swiss Post-Trade Market Infrastructure Of SIX Group

TCS has modernised the clearing, settlement and custody platform of the operator of the Swiss and Spanish stock exchanges, paving the way for its global business growth.

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UCO Bank Recovers 86% Of Funds Erroneously Credited On IMPS

The surprise transfer of the amount was apparently a result of a technical glitch in the bank's IMPS payment channel.

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Vedanta Approves Rs 4,089-Crore Second Interim Dividend At Rs 11 Per Share

The mining giant had paid this fiscal's first interim dividend of Rs 18.5 apiece in May that cost it Rs 6,877 crore.

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SEBI Plan To Cut Corporate Bond Face Value May Not Immediately Lure Retail Investors

The move may not immediately deepen public listed debt market as bonds are slightly illiquid, and there is credit risk attached.

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Sun Pharma Market Cap Surpasses Rs 3 Lakh Crore As Shares Hit Record

Year-to-date, Sun Pharma's share price has surged 25.1%, while the benchmark NSE Nifty 50 rose over 18.3%.

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Noise Raises Maiden Funding Round From Bose Corp

The deal with Bose will help Noise with 'innovation in the audio space' and strengthen research and design.

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Nestle Sets Jan. 5 As Record Date For Stock Split

This is the first-ever stock split for the fast-moving consumer goods major.

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