Strides Arcolab has got the green signal for an anti-bacterial drug, Polymyxin Injection which is USD 8 million drugs from the US FDA.
It has been revealed by the commerce ministry that the Indian export growth has increased since May 2010 by 56.93% to $25.9 billion. Because of the increased demand of the crude oil, gold and industrial machinery, the trade deficit of the country in May was widened to $14.9 billion from $10.0 billion a year earlier. The Commerce Secretary noted that in the last four years, it is the highest import figures.
A famous French car manufacturer – Peugeot is all set to set up its plants in the three states of India. For the same, a delegation of Peugeot led by Gregoire Olivier, CEO (Asia) and Fredric Faber, MD (India) held a meeting with Gujarat’s Chief Minister, Narendra Modi. It has been told that Gujarat is on the top in the priority list of Peugeot.
It has been revealed according to a recent report that Vodafone, the telecom giant is to pay tax for the stakes they are going to buy from Essar. The firm has declared that it shall buy stakes from Indian Vodafone Essar and pay for the stakes as well as the tax. The tax rate for the purpose is thought to be about 21%.
It was revealed according to recent developments in the stock market that the Indian Rupee was seen a tad bit lower that it had been in the past time. This has come as a result of the strong inflows of the dollar and the euro.
In the recent developments of the stock market, it was found that the day was not too good for trading in India. The BSE ended about 87.41 points lower.Bitcoin staged a recovery during April as overall risk sentiment has improved in the markets.
News in Focus
Featured, Business, Geojit Financial Services, India, Insurance Sector, Long Term Calls, SBI Life Insurance
SBI Life Insurance Company, backed by a BUY recommendation from Geojit Investments, presents a compelling long-term growth narrative anchored in operational resilience, product diversification, and
Featured, Analyst View, Stock Markets, Geojit Financial Services, India, Metals Sector, Shyam Metalics
Geojit Financial Services has issued a BUY recommendation on Shyam Metalics & Energy Ltd., positioning the stock as a compelling breakout-driven opportunity with a favorable medium-term risk-re
When it’s time to renew your 4-wheeler insurance, most people tend to glance through the quote, sigh at the price, and move on.
ICICI Securities has reiterated its BUY call on Bandhan Bank, raising the target price to Rs 230 from Rs 175, implying a potential upside of approximately 28% from the current market price of Rs 17
ICICI Securities has reiterated a BUY rating on Maruti Suzuki India, with a revised target price of Rs 16,750, implying an upside of nearly 30% from the current market price of Rs 12,892.
Main Regional Stories
Featured, India Business, Analyst View, Geojit Financial Services, HCL Technologies, India, Technology Sector
Geojit Financial Services has reiterated a HOLD rating on HCL Technologies, setting a revised price target of Rs. 1,284, implying a modest upside from the current market price of Rs. 1,200.
ICICI Securities has reiterated a BUY rating on Eternal, setting a target price of Rs 360, implying a compelling upside of nearly 42% from the current market price of Rs 253.
Featured, India Business, Analyst View, Stock Markets, Banking Sector, ICICI Securities, India, Indian Bank
ICICI Securities has upgraded Indian Bank to a BUY rating with a revised target price of Rs 980, implying a potential upside of nearly 16% from the current market price of Rs 847.
Featured, India Business, Analyst View, Stock Markets, Banking Sector, Axis Securities, Federal Bank, India
In its latest result update, Axis Securities has reiterated a BUY recommendation on Federal Bank Ltd., setting a target price of Rs 340, implying an upside of approximately 19% from current levels.
