Wednesday, October 31, 2018

Dr Reddy#39;s Labs announces generic version of Straterra in US market

Dr Reddy#39;s Labs announces generic version of Straterra in US market The Hyderabad-based company has received the approval from the US Food and Drug Administration (USFDA) to market its product which is a generic equivalent of Eli Lilly and Company#39;s Straterra, Dr Reddy#39;s Laboratories said in a statement.

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CIL maintains 652 mn tonne output aim in FY19; govt#39;s OFS opens

CIL maintains 652 mn tonne output aim in FY19; govt#39;s OFS opens The Centre#39;s two-day offer for sale (OFS) at a floor price of Rs 266 a piece opened for bidding by institutional investors on Wednesday, with a subscription of over 24 percent shares on offer in initial hours of trade.

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More distressed MA deals in pipeline: Report

More distressed MA deals in pipeline: Report According to a report by Kroll and Mergermarket, since 2017, distressed merger and acquisition (MA) values in India have hit USD 14.3 billion, 12 per cent of the total MA value, led by deals involving Bhushan Steel (USD 7.4 billion), Reliance Communications (USD 3.7 billion) and Fortis Healthcare (USD 1.2 billion).

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GE Power bags orders worth Rs 1,783 cr from NTPC

GE Power bags orders worth Rs 1,783 cr from NTPC The four power plant projects are Solapur Super Thermal Power Project - 2x660 MW, Tanda Super Thermal Power Project Stage II - 2x660 MW, Feroze Gandhi Unchahar Thermal Power Project -1x500 MW and Meja Thermal Power Project - 2x660 MW, by Meja Urja Nigam Private Ltd (a JV of NTPC and UPRVUNL).

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ILFS gets only Rs 5.47 lakh from rights issue as large shareholders stay away

ILFS gets only Rs 5.47 lakh from rights issue as large shareholders stay away ILFS#39; board has decided to return the money to the retail shareholders who had submitted applications

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India Unveils World’s Tallest Statue, Twice the Size of Lady Liberty


By DANIEL VICTOR from NYT World https://ift.tt/2ADbnaG
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Dalmia Bharat Q2 profit falls 88%; board okays amalgamation with OCL India

Dalmia Bharat Q2 profit falls 88%; board okays amalgamation with OCL India The company had posted a net profit of Rs 18 crore in the July-September quarter a year ago, Dalmia Bharat said in a BSE filing.

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No need to panic on market downturns, stick with SIPs: FundsIndia

No need to panic on market downturns, stick with SIPs: FundsIndia Stopping SIPs is the worst thing an investor can do in these conditions, said Srikanth Meenakshi, COO, Fundsindia.com

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Bajaj Auto eyes more gain in market share with series of launches

Bajaj Auto eyes more gain in market share with series of launches Bajaj Auto is aiming to launch models in the 125cc commuter segment as well in the 150cc-and-above segment

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IDFC to sell controlling stake in IDFC Infrastructure Finance to NIIF II

IDFC to sell controlling stake in IDFC Infrastructure Finance to NIIF II IDFC Ltd, IDFC Financial Holding Company Ltd (IDFC FHCL) and IDFC Infrastructure Finance Ltd (IDFC IFL) have entered into a definitive agreement with National Investment and Infrastructure Fund II (NIIF II) in this regard, IDFC said in a regulatory filing.

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Tailor-made bet: Improved Q2 show makes Raymond a good value buy

Tailor-made bet: Improved Q2 show makes Raymond a good value buy At 20.4 times its 2-year forward earnings, Raymond’s valuations are inexpensive and attractive for going long

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LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...