Biocon: EU drug regulator approves Bengaluru facility Biocon: EU drug regulator approves Bengaluru facility Gayathri Udyawar / Friday, June 14, 2019 / Article rating: 2.5 Leading biosimilars manufacturer Biocon Limited has received GMP compliance certificate from the European drug regulator for its Bengaluru facility located at Biocon Park.
Dr. Reddy's to sell US neurology products business Dr. Reddy's to sell US neurology products business Gayathri Udyawar / Friday, June 14, 2019 / Article rating: 5.0 Leading pharma company has signed a pact to sells it neurology branded products to US-based company Upsher-Smith. The deal is for Dr. Reddy's US and other select territory rights for Zembrace SymTouch, and Tosymra.
Yes Bank dips 13 per cent post AGM Yes Bank dips 13 per cent post AGM Gayathri Udyawar / Thursday, June 13, 2019 / Article rating: 2.6 Thursday was a very stormy day for the stock of Yes Bank as well as the markets in general. The market saw a choppy trading session wherein the benchmark BSE Sensex dipped down close to 300 points, but recovered to end the day down by only 15 points.
Tiger Logistics: Wins export logistics handling contract from Piaggio Tiger Logistics: Wins export logistics handling contract from Piaggio Gayathri Udyawar / Thursday, June 13, 2019 / Article rating: 4.3 The company has secured a contract from Piaggio Vehicles India to handle its export logistics solution. Following the development, the stock of Tiger Logistics was buzzing on Thursday.
Reliance and BP approve third phase of KG D6 project Reliance and BP approve third phase of KG D6 project Gayathri Udyawar / Wednesday, June 12, 2019 / Article rating: 5.0 Reliance Industries and BP announced the sanction of the D55 or MJ Project in the Krishna Godavari Dhirubhai 6 (KG-D6) offshore block.
Government to introduce new GST return system Government to introduce new GST return system Gayathri Udyawar / Tuesday, June 11, 2019 / Article rating: 4.1 The GST Council has decided that from January 2020 all taxpayers shall be filing Form GST RET-01 as Form GSTR-3B will be completely phased out. To help with the transition, a prototype offline tool has already been shared on the portal to familiar users.
Jain Irrigation mulls divesting pipes business Jain Irrigation mulls divesting pipes business Gayathri Udyawar / Monday, June 10, 2019 / Article rating: 3.7 In a bid to reduce its debt, micro-irrigation company Jain Irrigation is planning to divest from its pipes or food business. Reacting to this development, the stock of Jain Irrigation dipped 13 per cent on Monday.
What should investors expect from Mindtree open offer? What should investors expect from Mindtree open offer? Gayathri Udyawar / Monday, June 10, 2019 / Article rating: 4.8 After a round of war of words between the founders of Mindtree and L&T management, the market is now looking forward to the response for the Mindtree's open offer initiated by L&T. So what should investors expect?
RBI reworks NPA reporting norms RBI reworks NPA reporting norms Gayathri Udyawar / Friday, June 7, 2019 / Article rating: 5.0 Reserve Bank of India issues new circular on bad loan reporting and resolution post market hours on Friday. RBI's focus is on early recognition and reporting of default in respect of banks, FIs and NBFCs.
Manappuram Finance slips as SEBI send notices Manappuram Finance slips as SEBI send notices Gayathri Udyawar / Friday, June 7, 2019 / Article rating: 4.0 The stock of Manappuram Finance experienced selling pressure on Friday. There is buzz in the market that top management executives of the company have received show-cause notices from SEBI regarding an investigation into alleged insider trading activity.