Strong monsoon augurs well for farm equipment manufacturers Strong monsoon augurs well for farm equipment manufacturers Pratik Shastri / Wednesday, July 1, 2020 / Article rating: 4.0 The tractor segment in India also has a few unlisted players such as Tractors and Farm Equipment (TAFE), International Tractors, CNH Industrial (India). Numbers from these players would further give strength to the sentiment for the overall sector.
Asian Granito set to be a key beneficiary from lower duty on Quartz Asian Granito set to be a key beneficiary from lower duty on Quartz DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 4.1 Asian Granito India Limited (AGIL), one of the largest manufacturers of quartz in India informed the exchanges that owing to a sharp decline in CVV and anti-dumping duty by USA on the import of Indian quartz, the company is set to benefit in terms of export sales to USA.
Mutual fund update: Upcoming new fund offers (NFO) Mutual fund update: Upcoming new fund offers (NFO) DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 4.5 Here is a list of mutual funds that are in-line to be launched.
Alembic Pharma gets USFDA nod for Doxycycline Hyclate tablets Alembic Pharma gets USFDA nod for Doxycycline Hyclate tablets DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 4.2 On Wednesday, Alembic Pharma announced that it has received approval from United States Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Doxycycline Hyclate tablets USP, in dozes of 75 mg and 150 mg.
Sensex jumps by nearly 500 points; Axis Bank gains by more than 6 per cent; Bajaj Finance remains the volume topper Sensex jumps by nearly 500 points; Axis Bank gains by more than 6 per cent; Bajaj Finance remains the volume topper DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 5.0 Domestic benchmark indices closed higher with Sensex gaining by 498.65 points or 1.43 per cent at 35,414.45 while Nifty jumped by 116.20 points or 1.13 per cent to close at 10,418.30 level.
Dr Reddys partners with Fujifilm & Global Response Aid for COVID-19 drug Dr Reddys partners with Fujifilm & Global Response Aid for COVID-19 drug DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 5.0 Dr Reddy’s has exclusive rights given by Fujifilm to manufacture the drug under the tripartite agreement signed on June 30, 2020.
Fiscal deficit touches 59 per cent of full-year target in May Fiscal deficit touches 59 per cent of full-year target in May Amir Shaikh / Wednesday, July 1, 2020 / Article rating: 4.8 The fiscal deficit during the first two months of the current financial year widened to Rs 4.66 lakh crore, which is nearly 58.6 per cent of Budget estimates
Eight core sectors dip 23 per cent in May 2020 Eight core sectors dip 23 per cent in May 2020 Amir Shaikh / Wednesday, July 1, 2020 / Article rating: 5.0 Eight core sectors witnessed 23.4 per cent YoY contraction in May 2020, led by the nationwide lockdown to prevent the spread of COVID-19. Among eight core sectors, coal production has 10.33 per cent weight, which dipped 14 per cent YoY in May 2020
JSPL Mauritius to divest entire stake in Oman asset JSPL Mauritius to divest entire stake in Oman asset Apurva Joshi / Wednesday, July 1, 2020 / Article rating: 4.0 Jindal Steel & Power Limited’s subsidiary at Mauritius (JSPML) is set to divest its entire stake in its Oman asset, Jindal Shadeed Iron and Steel Co LLC (JSIS Oman) to Templar Investments Limited.
NTPC trades lower despite addition of commercial capacity NTPC trades lower despite addition of commercial capacity Pratik Shastri / Wednesday, July 1, 2020 / Article rating: 5.0 While the NTPC group's commercial capacity stood at 52,866 MW at the end of FY19, it was at 51,391 MW in FY18. This indicates that it has recorded a growth of seven per cent CAGR over the past three years.