Edelweiss Group to divest entire stake in Edelweiss Gallagher Insurance Brokers Ltd
Edelweiss Group to divest entire stake in Edelweiss Gallagher Insurance Brokers Ltd

Edelweiss Group to divest entire stake in Edelweiss Gallagher Insurance Brokers Ltd

Shruti Dahiwal Article rating: 4.3

Edelweiss Group, a leading investment & financial services company (headquartered in Mumbai) announced today, the sale of its complete stake in Edelweiss Gallagher Insurance Brokers Ltd (EGIBL) to Gallagher, a US-based insurance brokerage and risk management services firm. 

Speciality stocks continue to rise on higher demand and lower supply
Speciality stocks continue to rise on higher demand and lower supply

Speciality stocks continue to rise on higher demand and lower supply

The Indian speciality chemicals industry is expected to deliver a compound annual growth rate (CAGR) of 12.4 per cent over the next five years

Abhinav Lahoti Article rating: 4.3

Demand for speciality chemicals has continued to rise regularly in the past one year, which has led to increase in the prices of these chemicals. The easing of lockdown restrictions around the world has led to improvement in the outlook for the sector.

JSW Steel receives GreenPro Ecolabel certification for JSW Neosteel
JSW Steel receives GreenPro Ecolabel certification for JSW Neosteel

JSW Steel receives GreenPro Ecolabel certification for JSW Neosteel

GreenPro assigns credits to the environment-friendly manufacturing processes; thus, recognising JSW Steel as a sustainable manufacturer.

Apurva Joshi Article rating: 5.0

JSW Steel Limited has informed the bourses that it has received GreenPro Ecolabel certification for JSW Neosteel, the company's brand of TMT rebars. It is one of the first steel companies in India to get this certificate. 

Alembic Pharmaceuticals announces USFDA final approval for Nitrofurantoin capsules
Alembic Pharmaceuticals announces USFDA final approval for Nitrofurantoin capsules

Alembic Pharmaceuticals announces USFDA final approval for Nitrofurantoin capsules

Ganesh V Article rating: 3.5

Alembic Pharmaceuticals Limited today announced that it has received final approval from US Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Nitrofurantoin capsules, USP (Macrocrystals), 25 mg, 50 mg and 100 mg. 

S&P BSE Auto Index Jumps 0.79 per cent; Bajaj Auto Top Gainer!
S&P BSE Auto Index Jumps 0.79 per cent; Bajaj Auto Top Gainer!

S&P BSE Auto Index Jumps 0.79 per cent; Bajaj Auto Top Gainer!

Ashok Leyland and Cummins India lost 0.08 per cent and 1.23 per cent while Escorts was the top loser, down by 1.63 per cent.

Yogesh Supekar Article rating: 5.0

S&P BSE Auto Index jumped by 0.79 per cent outperforming the frontline indices after recording gains of 188.49 points, while the Sensex fell by 0.31 per cent or 164.11 points to close at 52,318.60.

IOC board approves Capex of Rs 4,495 crore for setting first-ever Styrene Project in India
IOC board approves Capex of Rs 4,495 crore for setting first-ever Styrene Project in India

IOC board approves Capex of Rs 4,495 crore for setting first-ever Styrene Project in India

Anthony Fernandes Article rating: 4.4

Indian Oil Corporation (IOC) announced on Thursday that its board accorded stage-1 approval for setting up of India’s first-ever Styrene Monomer Project at the firm’s Panipat Refinery & Petrochemical Complex in Haryana with a total capacity of Rs 3.87 lakh tonnes per annum.   

Unichem Labs gains 3 per cent on receiving USFDA tentative nod for Aripiprazole tablets
Unichem Labs gains 3 per cent on receiving USFDA tentative nod for Aripiprazole tablets

Unichem Labs gains 3 per cent on receiving USFDA tentative nod for Aripiprazole tablets

Anthony Fernandes Article rating: 5.0

The shares of Unichem Laboratories Limited were trading higher today by 3 per cent intraday after the company announced that it has received tentative approval from United States Food & Drug Administration (USFDA) for Aripiprazole tablets in the strengths of 2 mg, 5 mg, 10 mg, 15 mg, 20 mg and 30 mg.   

SSWL export segment achieves highest-ever sales by volumes in June; stock heads for multi-year breakout
SSWL export segment achieves highest-ever sales by volumes in June; stock heads for multi-year breakout

SSWL export segment achieves highest-ever sales by volumes in June; stock heads for multi-year breakout

The export segment achieved its highest-ever sales by volumes & sales in June 2021 while its passenger car segment rose by 157 per cent YoY amid an uptick in demand.

Karan Dsij Article rating: 3.7

The stock is up by nearly 200 per cent from the lows of May 2020 and it’s nearing a multi-year breakout. It registered the highest single-day volume since May 05, 2021.   

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