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European markets remain positive

European markets remain positive

09/01/2017 1:04 PM | Friday | By DSIJ Team

With investors feeling charged up for more data releases and optimistic about the movement of the markets, the European stock markets opened on a higher note during the early hours of trade on Friday.

BEML gains after Merrill Lynch Markets Singapore buys stake

BEML gains after Merrill Lynch Markets Singapore buys stake

09/01/2017 1:00 PM | Friday | By DSIJ Team

A manufacturer of rail coaches, spare parts and mining equipment, BEML’s stock gained 4.56% at Rs 1,842.65 per share on the BSE during Friday’s intra-day trade after Merrill Lynch Markets Singapore bought its shares on Thursday.

BSE Realty index gains momentum on Friday

BSE Realty index gains momentum on Friday

09/01/2017 12:56 PM | Friday | By DSIJ Team

The S&P BSE Realty index was trading in the green during Friday’s trading session. It was trading higher by 2.58% at the 2,192 level on the BSE at 1207 hours.

Escorts agri-machinery sales volume increases by 23% in August

Escorts agri-machinery sales volume increases by 23% in August

09/01/2017 12:50 PM | Friday | By DSIJ Team

As per data released by the company, Escorts’ Agri-Machinery Segment (EAM) sold 4,587 tractors in August 2017, registering a growth of 23%, as against 3,722 tractors in August 2016.

Zydus Cadila gets USFDA nod to make drug for treating dementia

Zydus Cadila gets USFDA nod to make drug for treating dementia

09/01/2017 12:45 PM | Friday | By DSIJ Team

Donepezil Hydrochloride Tablet, in the strength of 23 mg, used to treat dementia related to Alzheimer’s, will be marketed by Zydus Cadila in the wake of receiving the final approval from the USFDA.

CCL Products to set up new unit in Andhra Pradesh

CCL Products to set up new unit in Andhra Pradesh

09/01/2017 12:36 PM | Friday | By DSIJ Team

CCL Products, engaged in the manufacturing of instant coffee, has received an approval from the Development Commissioner of Visakhapatnam Special Economic Zone for setting up of freeze dried instant coffee manufacturing unit in Andhra Pradesh. 

Jaiprakash Associates to sell entire stake in Bhilai Jaypee Cement

Jaiprakash Associates to sell entire stake in Bhilai Jaypee Cement

09/01/2017 12:29 PM | Friday | By DSIJ Team

In the wake of the company announcing the proposed sale of its entire 71% stake in Bhilai Jaypee Cement, the stock of Jaiprakash Associates gained 2.72% at Rs 24.55 per share on the BSE at 1118 hours.

Ashok Leyland registers 25% increase in sales in August

Ashok Leyland registers 25% increase in sales in August

09/01/2017 12:22 PM | Friday | By DSIJ Team

As per a recent update, the total sales by Ashok Leyland registered a growth of 25% on YoY basis. It sold 13,634 units in August 2017 as compared to 10,897 units during the corresponding period last year. 

Shankara Bulding Products sets up new processing facility at Secunderabad

Shankara Bulding Products sets up new processing facility at Secunderabad

09/01/2017 12:00 PM | Friday | By DSIJ Team

Shankara Building Products is started a new processing facility in Secunderabad, Telangana to capitalise on the growing requirements of the region through a network of state retail outlets, its shares jumped by over 3% intraday during Thursday’s trading session.