Drug firm Vivimed Labs has signed a pact for sale of some of products in its speciality chemicals division to Clariant Chemicals India.
Posts tagged MC
BofA-ML slashes FY16 FPI inflows forecast by half to $10 bn (30-09-2015)
“We cut our FPI inflows forecast for FY16 to USD 10 billion (including USD 5 billion FPI G-sec limit hike) from USD 20 billion earlier,” global financial services major BofA-ML said in a research note.
Maggi ban: Nestle claims it is being ‘singled out’ (30-09-2015)
A bench, headed by Justice V K Jain, issued notice to the government on the company’s plea and sought response by October 8.
Govt to revive Dabhol power plant, split parent firm RGPPL (30-09-2015)
The Union government has decided to revive the long-stricken Dabhol power plant by arriving at an arrangement in consultation in key stakeholders, Power Minister Piyush Goyal said today.
August core sector up at 2.6% versus 1.1% in July (30-09-2015)
The coal production grew at 0.4 percent versus 0.3 percent in July. The crude oil production grew at 5.6 percent versus a decline of 0.4 percent month on month (M-o-M). Natural gas production grew at 3.7percent versus a decline of 4.4 percent M-o-M.
India jumps to 55th place in Global Competitiveness Report (30-09-2015)
In an interview with CNBC-TV18, Margareta Drzeniek-Hanousz, lead economist at WEF and co-author of the Global Competitiveness Report 2015-16 said India lost out due to bottlenecks in infrastructure sector and drop in deficit budget.
RCom, RJio in talks for spectrum sharing: Anil Ambani (30-09-2015)
Addressing shareholders at the Annual General Meeting, Reliance Communications Chairman also said he was “grateful” to his elder brother for “unstinted support and guidance”.
HCL warns of tepid Q1 revenue on currency, client issues (30-09-2015)
Software major HCL Tech came out with a revenue warning soon after market closing today, saying a client-specific issue as well as cross-currency headwinds will take a toll on this quarter.
Sahara gets extension to repay $850 m to Reuben Bros (30-09-2015)
The cash strapped Sahara Group has managed to strike a deal with the Reuben Brothers to extend the loan repayment of USD 850 million. The deadline for repayment was extended from October 8 to November 30.
Sensex zooms 376 pts on strong global cues, loses 6% in Q3 (30-09-2015)
Bulls charged up Dalal Street again as equity benchmarks surged over a percent following strong lead from global peers on Wednesday. The rally was in addition to 0.6 percent upside seen in previous session post surprised 50-bp rate cut by the Reserve Bank of India.