WPI inflation declined for the 10th straight month, coming in at minus 4.95 percent. The decline, however, was much more than analysts expected. All eyes are now on August CPI data later today. A CNBC-TV18 poll sees inflation at 3.47 percent versus 3.78 percent month-on-month.
Posts tagged MC
Sensex rallies 200 pts, Nifty hits 7850; Wipro NTPC rally (14-09-2015)
NDA seat sharing for Bihar polls done, 160 seats for BJP (14-09-2015)
While seat sharing formula with other alliance partners had been finalised on Sunday, Manjhi had been seeking more seats to fight the elections. Manjhi’s main point of contention was believed to be based on the fact that his party needs to contest at least 10 percent of the total number of assembly seats to be considered a regional player.
Siemens bags Rs 81 cr order from Diesel Locomotive Works (14-09-2015)
The scope of work for the project includes supply and supervision for installation and commissioning of AC-AC traction systems including Locomotive Controller for Diesel Electric Locomotives, the statement added.
Just Dial soars 14%, launches Android app Search Plus (14-09-2015)
“The company has launched its latest Android app on Google Play Store for users. The company has also submitted its new iOS app to Apple App Store and is expected to go live shortly,” the company said in a filing to the BSE.
Govt to soon clear $700 m oil dues to Iran as first tranche (14-09-2015)
The payments are being made after the July nuclear deal that Tehran has struck with western powers, allowing for suspension and eventual termination of sanctions.
TeamLease Services files IPO papers with SEBI (14-09-2015)
The issue will comprise of fresh issue of up to Rs 150 crore and an offer for sale of up to 2,75,977 equity shares by Gaja Capital India Fund I, up to 76,660 shares by Gaja Advisors, up to 11,80,569 shares by GPE (India), up to 15,33,206 shares by India Advantage Fund S3 I and up to 1,53,321 shares by HR Offshoring Ventures Pte Ltd.
Sun Pharma up on Taro’s Keveyis launch, $100mn sales seen (14-09-2015)
Credit Suisse has build in USD 100 million in sales for Keveyis in FY17. “Taro launched Keveyis at a high price of USD 163.8 per tablet of 50mg. This implies annual cost of USD 120,000 per patient.
‘Stay invested, even if your investments keep you awake’ (14-09-2015)
The ferocity and the length of the recent stock market correction does not give positive signs but for active investors, it is a sign for you to go deeper into stocks where you have high conviction.
August wholesale inflation contracts sharply to -4.95% (14-09-2015)
Influenced by deflationary trend in commodity prices, the WPI continues to see a decline giving rise to rate cut clamour.
Sensex maintains uptrend; Aug inflation contracts further (14-09-2015)
WPI inflation in August came in at negative 4.95 percent against negative 4.05 percent in July and also better than CNBC-TV18 poll of negative 4.43 percent.