Posts in category Business Standard
Indices end with major losses; Nifty settles at 21,951.15; VIX rallies 3.83% (28-02-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex dropped 790.34 points or 1.08% to 72,304.88. The Nifty 50 index lost 247.20 points or 1.11% to 21,951.15.
China Market tumbles 1.91% (28-02-2024)
Meanwhile, all eyes are on U.S. inflation data and initial jobless claims on Thursday for clues on the likely path of U.S. rates this year. Market participants are also awaiting authorities' next policy move as the National People's Congress begins its annual meeting on March 5. Key topics to monitor include discussions about the governments "new model" for the property sector, local government financing and fiscal reforms, as well as other demand-side stimulus such as support to consumption.
Bajaj Healthcare enters into CDMO agreement for 15 APIs (28-02-2024)
Under this agreement, BHL will undertake the development and supply of these molecules, which will be exclusively manufactured for its clientele. These APIs encompass a diverse range of compounds, including off-patent generics and molecules soon to be off-patent. The CDMO agreement will be executed through its in-house R&D and manufacturing capacities at Savli Vadodara, Gujarat.
SpiceJet and AerCap mutually settle $29.9 million dispute (28-02-2024)
SpiceJet and Celestial Aviation, a subsidiary of AerCap, one of the largest aircraft lessor groups, have mutually settled their $29.9 million (Rs 250 crore) dispute through amicable negotiations, avoiding litigation.
IIFL Management Services to sell its AIF biz to IIFL Securities Alternate Asset Management (28-02-2024)
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Alkem Lab’s Mandva unit gets EIR from USFDA (28-02-2024)
Alkem Laboratories announced that its API manufacturing facility in Mandva has received establishment inspection report (EIR) from the United States Food and Drug Administration (USFDA), classifying the facility as 'Voluntary Action Indicated' (VAI).
Aster DM hits record high as arm acquires 20.40% stake in Aasraya Healthcare (28-02-2024)
Aster DM Healthcare advanced 2.05% to Rs 484.45 after its subsidiary, Dr. Ramesh Cardiac and Multispecialty Hospital (DRCMHPL) acquired 20.40% stake in Aasraya Healthcare LLP on 27 February 2024.
RateGain partners with FLYR (28-02-2024)
RateGain Travel Technologies today announced a global partnership with FLYR, an AI-powered travel technology provider. The partnership brings together RateGain's channel management and distribution solutions with FLYR's AI-powered Revenue Optimization System (RMS) to help hotels improve their revenue.
GP Wind Jangi Pvt reports standalone net loss of Rs 5.61 crore in the December 2023 quarter (28-02-2024)
Sales rise 10.00% to Rs 9.57 crore
Australia Market ends softer (28-02-2024)
At closing bell, the benchmark S&P/ASX200 index was down 2.59 points, or 0.03%, to 7,660.42. The broader All Ordinaries index fell 5.09 points, or 0.06%, to 7,917.13.