Aurobindo Pharma  has received a follow-up communication from the U.S. Food and Drug Administration (USFDA)

The company has executed an EPC agreement with the Airport Authority of India (AAI) which had project cost of Rs 570.06 crore and completion period is 30 months. The project is for construction of New Greenfield Airport at Hirasar, Rajkot, Gujarat, India.

On Saturday, Biocon announced that it had received 3 observations from the U.S. Food and Drug Administration (USFDA) following an inspection at its insulin manufacturing facility in Malaysia. 

The acquisition is aimed to provide KEC a strategic foothold in the region, which can cater the markets with high growth potential in Middle East and Africa (MENA).

Any close above 12,142, the immediate target is placed at the prior high 12,246 and above this level it can test the maximum of 12,310. But, closing below 12,042 will lead sharp fall up to 11,908.

With Western markets tanking on Friday and Asian peers are trading in deep red on Monday on the back of the spreading impact of the virus. Indian markets are also expected to open gap down on the back of negative cues from the global peers.

As every coin has a flip side, mutual funds are not different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.

Everyone is eager to know what the mutual fund managers bought and sold and mostly keen to know what they bought. So, which are the stocks that attracted the fund managers in January 2020. Let’s find out.

New Fund Offers (NFOs) that are open for subscription.

The top gainers on the Sensex were Indusind Bank up by 3.68 per cent, SBI up by 2.61 per cent, Tata Steel up by 2.54 per cent, Power Grid up by 1.68 per cent and ONGC up by 1.18 per cent.