DSIJ Mindshare

The markets on September 24, 2019 opened gap up. BSE Sensex is trading at 38,986.08, down by 103.95 points and the Nifty is trading at 11,559.60, down by 40.60 points. 

Wipro announced on Monday that it has successfully launched the first phase of noomis, the new platform of FEBRABAN.

The announcement of Hon’ble Finance Minister regarding tax on buy back of listed companies saved buyback tax of many companies including Star Cement.

On Monday, when the indices were touching roof on account of cut in corporate tax, the stock of ZEE Entertainment (ZEEL) was bleeding red as lenders to the Essel group sold pledged promoters’ shares of ZEEL. As per media reports, it is SBI Mutual fund which invoked pledged shares in the company.

Biocon’s subsidiary, Biocon Biologics has acquired R&D capital assets for 60,000 sq. ft. state-of-the-art ‘bench to pilot scale’ Biologics research facility at TICEL Bio Park in Chennai, India.