Lupin Limited has announced that it has received final approval for its Gabapentin Tablets USP, 600 mg and 800 mg from the USFDA to market a generic version of Pfizer Inc.’s Neurontin Tablets, 600 mg and 800 mg.

The company has received Letter of Intent (LoI) from Bharat Net project in Maharashtra. ITI Limited has be selected as the Project Implementation Agency (PIA) for implementation of BharatNet Phase II for two packages, A and C.

Our study shows that there is no direct relation between the AUM and the expense ratio.

Jet Airways reported second consecutive net loss of Rs. 1,323 crore in first quarter of fiscal year 2019. Besides, the company’s net revenue for the quarter was at Rs. 6,010.5 crore as against Rs. 5,648.9 crore in Q1FY18.

Vipul Limited received letter of award (LoA) from Uttar Pradesh Expressway Industrial Development Authority (UPEIDA), Lucknow, Uttar Pradesh for wayside facilities. The stock climbed up 15 per cent intraday on Tuesday.

Tata Power's wholly-owned subsidiary Coastal Gujarat Power (CGPL) has raised Rs. 2,700 crore via issuance of non-convertible debentures (NCD) on private placement basis.

Following stocks are close to their 52-week low as at 12.31 p.m. on August 28, 2018.

Banking stocks dipped as Allahabad High Court refused to give interim relief to private power companies trying to delay insolvency proceeding as directed by RBI.

The markets on August 28, 2018 opened gap up. BSE Sensex is trading at 38,843.38, up by 149.27 points and the Nifty is trading at 11,732.55, up by 40.60 points. 

Parag Milk Foods has launched fresh milk made from 100 per cent pure cow’s milk under the brand Gowardhan in the Delhi NCR region. Together with Delhi NCR, the company is targeting to expand its footprints to the nearby regions within 250-300 km area of the Sonipat plant.