Wednesday, June 18, 2008

NDTV Profit - Financial News Portal

ndtvprofit.com is the web arm of the financial news channel NDTV Profit promoted by famous Pranoy Roy. The ntdvprofit appears to be primarily a financial news and analysis portal but also provides updates and advises around stock market, insurance, mutual fund, IPOs an taxation. The site appears to be absolutely neat and well organized unlike moneycontrol.com which appears to be cluttered with lot of information. However, it no where comes close to the in-depth financial coverage and financial management tools provided by moneycontrol.com. This is certainly not a web site for beginners who want to get into the world of financial markets. The personal finance section which includes mutual funds, insurance, taxation does not provide any inputs on how to manage this instruments neither does it gives any suggestions on which ones to pick. Each category comprise of news updates which are only useful to people who are actively involved into trading. I did not find anything relevant to personal finance in this section.
Looking at the features of the web site it is difficult to predict the direction in which ndtvprofit intends to grow. In any case, it has a long way to go before it can be deemed as useful for an average Indian investor.

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