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Today’s Market Summarised Metals moving up once again in the day with unbelievable power. Along with this, India’s 7th largest company – HDFC posted results that exceeded expectations. Markets closed in the green even with fear and uncertainty of the weekend ahead. Nifty opened the day at 14,821 and tried to move up. 14,850 acted […]
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News Shots The Indian pharma industry welcomed the decision by the US government to support the temporary waiver of Trade-Related Aspects of Intellectual Property Rights (TRIPS) on Covid-19 vaccines.  M&M to open an advanced design centre for mobility products in the U.K. Carlyle Group plans to sell up to a 3.5% stake in SBI Life […]
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News Shots Global pharma giant Roche has received emergency use authorization in India for its investigational antibody cocktail (Casirivimab and Imdevimab) used in the treatment of Covid-19. It will be marketed and distributed in India through a strategic partnership with Cipla. The Reserve Bank of India’s measures to make easy liquidity available to the healthcare […]
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Today’s Market Summarised With the RBI Governor’s surprise press-conference, Nifty closes at the day’s high after a day of highly volatile consolidation. Nifty opened the day at 14,608 with a more than 100-point gap-up. It was a very volatile start, but stabilised before noon. Even with this, there were random selling zones across the whole […]
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News Shots Auto components major Motherson Sumi Systems has completed the acquisition of Bombardier’s electrical wiring interconnection systems (EWIS) business in Huehuetoca, Mexico. The RBI has imposed a monetary penalty of Rs 3 crore on ICICI Bank for “contravention of certain directions issued by the RBI contained in Master Circular on ‘Prudential Norms for Classification, […]
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News Shots Bajaj Electricals has bought the remaining stakes of Starlite Lighting Ltd for a cash consideration of around Rs 60 crore from its promoters. Amara Raja Batteries has received closure orders from the Andhra Pradesh Pollution Control Board (APPCB) for its plants located in the state. IndusInd Bank reported a 193 per cent jump […]
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News Shots Dr Reddy’s Laboratories has launched generic Albendazole tablets, used in the treatment of a variety of parasitic worm infestations, in the US market. Farm equipment major Escorts will temporarily shut down its manufacturing operations on a selective basis between May 1 and May 3 amid the deteriorating Covid-19 situation in the country. Manappuram […]

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