Overnight Digest: Stocks to watch out on June 6 Overnight Digest: Stocks to watch out on June 6 DSIJ Intelligence / Wednesday, June 5, 2019 0 2683 Article rating: 3.6 After a day's holiday for the market, the Indian equity markets will be open for trade on Thursday. The stocks to keep a watch on June 6 are Tata Motors, HEG, M&M, Indoco Remedies, Corporation Bank, Indian Bank and OBC. Read more
Indoco Remedies: USFDA concludes inspection of sterile facility Indoco Remedies: USFDA concludes inspection of sterile facility DSIJ Intelligence / Wednesday, June 5, 2019 0 1698 Article rating: 4.3 The pharma company received four observations from the US Food and Drug Administration (USFDA) for its facility located in Verna, Goa (Plant II). The facility manufactures injectable products. Read more
Jaguar, BMW to collaborate for Next Gen electric technology Jaguar, BMW to collaborate for Next Gen electric technology DSIJ Intelligence / Wednesday, June 5, 2019 0 1363 Article rating: 5.0 Jaguar Land Rover and BMW Group have joined forces to develop Next Generation electrifying technology. This will help develop advanced technology to be used for making of Autonomous, Connected, Electric and Shared Vehicles (ACES). Read more
Markets expect 25 bps interest rate cut Markets expect 25 bps interest rate cut DSIJ Intelligence / Wednesday, June 5, 2019 0 921 Article rating: 5.0 Indian equities markets are closed on Wednesday on occasion of Eid al-Fitr. The benchmark indices BSE Sensex closed at 40,083.54 on Tuesday, comfortably maintaining the 40,000 level anticipating a 25 basis point interest rate cut from RBI. Read more
Reserve Bank bans SR Batliboi from auditing bank books Reserve Bank bans SR Batliboi from auditing bank books DSIJ Intelligence / Wednesday, June 5, 2019 0 2254 Article rating: 5.0 Acting tough on audit firms, the Reserve Bank of India (RBI) has barred chartered accountancy firm SR Batliboi & Co LLP from auditing commercial banks for a year. This is a first of its kind action against a audit firm by the RBI. Read more