BUSINESS

EID Parry (India) is planning to raise Rs 300 crore by issue of Non-Convertible Debentures (NCDs) on private placement basis in one and more tranches. The meeting of the Board of Directors of the Company scheduled to be held on May 8, 2019, to consider the same. EID Parry (India) ... Read More »

Torrent Pharmaceuticals has raised funds through issuance of Commercial Paper (CPs) for an amount of approximately Rs 200 crore on May 03, 2019. The Tenure of the instrument is 136 days, having a maturity date of September 16, 2019. Credit rating agency, ICRA has granted rating of ‘A1 +’ for ... Read More »

Dr. Reddy’s Laboratories has launched Testosterone Gel 1.62%, a therapeutic equivalent generic version of AndroGel (testosterone gel) 1.62%, approved by the US Food and Drug Administration (USFDA). The AndroGel (testosterone gel) brand and generic had US sales of approximately $815.6 million MAT for the most recent twelve months ending in ... Read More »

Lupin’s subsidiary — Novel Laboratories’ Somerset facility is recalling 46,700 bottles of Morphine Sulfate extended-release tablets, used to treat severe pain, in the US market. The recalling is in various strengths due to failed impurities/degradation specifications. Lupin is an innovation led transnational pharmaceutical company developing and delivering a wide range ... Read More »

Johnson Controls-Hitachi Air Conditioning India is expecting a 15% growth in the residential AC segment this year led by its inverter range. The company is also expecting to almost double the sales of its inverter range of ACs and around 50% growth in sales of 5-star inverter ACs over the ... Read More »

LIC Housing Finance has reported results for fourth quarter and year ended March 31, 2019. The company has reported a rise of 16.70% in its net profit at Rs 693.58 crore for the quarter under review as compared to Rs 594.34 crore for the same quarter in the previous year. ... Read More »

State Bank of India (SBI) has restored operations in most of its branches in the districts of Balasore, Bhadrak and Keonjhor in Odisha on May 5, 2019 in the aftermath of Cyclone Fani. The Bank and its employees are working on the forefront to streamline the functioning of its network ... Read More »

Alembic Pharmaceuticals is currently trading at Rs. 549.05, up by 6.65 points or 1.23% from its previous closing of Rs. 542.40 on the BSE. The scrip opened at Rs. 547.85 and has touched a high and low of Rs. 560.30 and Rs. 541.60 respectively. So far 494 shares were traded ... Read More »

Global Offshore Services is currently trading at Rs. 11.48, up by 0.02 points or 0.17% from its previous closing of Rs. 11.46 on the BSE. The scrip opened at Rs. 11.00 and has touched a high and low of Rs. 11.48 and Rs. 11.00 respectively. The BSE group ‘B’ stock ... Read More »

Oil & Natural Gas Corporation is currently trading at Rs. 170.45, up by 0.35 points or 0.21% from its previous closing of Rs. 170.10 on the BSE. The scrip opened at Rs. 169.05 and has touched a high and low of Rs. 170.45 and Rs. 168.05 respectively. So far 69741 ... Read More »

Vikas WSP is currently trading at upper circuit limit of Rs. 24.60, up by 1.15 points or 4.90% from its previous closing of Rs. 23.45 on the BSE. The scrip opened at Rs. 24.60 and has touched a high and low of Rs. 24.60 and Rs. 24.60 respectively. So far ... Read More »

Vodafone Idea is currently trading at Rs. 16.60, up by 0.50 points or 3.11 % from its previous closing of Rs. 16.10 on the BSE. The scrip opened at Rs. 17.00 and has touched a high and low of Rs. 17.10 and Rs. 16.35 respectively. So far 536442 shares were ... Read More »

Aditya Birla Capital is currently trading at Rs. 102.45, up by 0.80 points or 0.79% from its previous closing of Rs. 101.65 on the BSE. The scrip opened at Rs. 102.90 and has touched a high and low of Rs. 103.90 and Rs. 101.90 respectively. So far 190796 shares were ... Read More »

Ducon Infratechnologies is currently trading at Rs. 15.75, up by 0.81 points or 5.42% from its previous closing of Rs. 14.94 on the BSE. The scrip opened at Rs. 15.10 and has touched a high and low of Rs. 15.95 and Rs. 14.68 respectively. So far 4740 shares were traded ... Read More »

Oberoi Realty is currently trading at Rs. 526.00, up by 2.10 points or 0.40% from its previous closing of Rs. 523.90 on the BSE. The scrip opened at Rs. 519.90 and has touched a high and low of Rs. 532.00 and Rs. 502.95 respectively. So far 5773 shares were traded ... Read More »

The Federal Bank is currently trading at Rs. 100.15, up by 2.40 points or 2.46% from its previous closing of Rs. 97.75 on the BSE. The scrip opened at Rs. 101.00 and has touched a high and low of Rs. 101.40 and Rs. 98.45 respectively. So far 880407 shares were ... Read More »

Tech Mahindra is currently trading at Rs. 822.00, up by 5.45 points or 0.67% from its previous closing of Rs. 816.55 on the BSE. The scrip opened at Rs. 810.00 and has touched a high and low of Rs. 825.00 and Rs. 810.00 respectively. So far 18635 shares were traded ... Read More »

Godrej Consumer Products is planning for robust sales growth in India for fiscal year 2020 on the back of a continued focus on innovations and enhancements to its go-to-market model. The company hopes to continue driving profitable sales growth in Indonesia, while focusing on profitable sales growth in Africa, and ... Read More »

Mumbai : The rupee depreciated by 24 paise to 69.46 against the US dollar in early trade Monday on increased demand for the US currency from importers and weak opening in domestic equities. Forex traders said, the US President Donald Trump on Sunday threatened to raise tariffs on USD 200 ... Read More »

Aditya Birla Capital has received approval from its board for raising funds up to Rs 3,500 crore through both equity and debt issuance. The company seeks shareholders’ nod for the same. The funds can be raised in one or more tranches by way of issuance of equity shares and equity ... Read More »