BHEL will be performing the work of design, engineering, manufacture, supply, dismantling, erection, testing and commissioning of the ESPs to bring down the SPM emission within the stipulated levels.

Pharma major Cipla’s US subsidiary, InvaGen Pharmaceuticals Inc. recalled 11 lots of antidepressant bupropion hydrochloride ER tablets from the US markets on April 15. 

Closed-ended funds should ideally be generating better returns than open-ended funds as they enjoy certain benefits. Nevertheless, the return analysis shows a different picture.

Gas cylinder maker Everest Kanto has sold its entire holding in subsidiary EKC Industries (Tianjin) Company Limited.

Following stocks are close to their 52-week low as at 1.02 p.m. on April 16, 2018.

The markets on April 16, 2018 opened gap down. BSE Sensex is trading at 34,120.60, down by 72.05 points and the Nifty is trading at 10,468.70, up down 11.90 points.

Debt-laden textile company Alok Industries is on the way to liquidation has the company’s lender rejected the rescue offer put forth by Reliance and JM Financial ARC.

Bank’s net profit for the quarter increased by 21 per cent from the corresponding quarter of last year to Rs. 64.2 crore. 

Steel Strips Wheels Limited (SSWL) has secured another big export order for supply of Steel wheels to the EU Caravan market.

Although the benchmark indices are trading in red following a gap-down opening, Nifty Pharma index has been continuously surging and has gained more than 1 per cent and broke out of its consolidation and also breached its major resistance at 8,841 levels with justifiable volumes.