Dr Reddys launches heartburn OTC tablet in US Dr Reddys launches heartburn OTC tablet in US Gayathri Udyawar / Tuesday, December 11, 2018 / Article rating: 5.0 The pharma major launched omeprazole delayed-release tablets, 20 mg, an over-the-counter (OTC) equivalent of Prilosec OTC in the US market. This has helped the stock trade in the green in an otherwise volatile market on Tuesday.
Rupee down by 1.6 per cent, bonds skid Rupee down by 1.6 per cent, bonds skid Aakash Makhija / Tuesday, December 11, 2018 / Article rating: 5.0 The rupee and bonds plunged as Reserve Bank of India Governor, Urjit Patel resigned post market hours on Monday, surprising many investors. Concerns about mixed results from crucial state elections also kept traders wary during Tuesday's trading session.
Five stocks with selling interest Five stocks with selling interest Shital Jibhe / Tuesday, December 11, 2018 / Article rating: 5.0 Overall volumes in futures & options currently stand at 78, 93,174 contracts with a turnover of Rs. 4, 79,808.70 crore.
Five stocks with buying interest Five stocks with buying interest Shital Jibhe / Tuesday, December 11, 2018 / Article rating: 5.0 Overall volumes in futures & options currently stand at 78, 93,174 contracts with a turnover of Rs. 4, 79,808.70 crore.
Strides Pharma JV gets approval for anthelmintic tablets Strides Pharma JV gets approval for anthelmintic tablets Nidhi Jani / Tuesday, December 11, 2018 / Article rating: 5.0 Strides Pharma Science Limited's 50:50 JV Strides Vivimed has got USFDA approval for Albendazole Tablets on Tuesday. The US market for the said tablets is around US$100mn as per IQVIA MAT data.
KDDL acquires Swiss watch company Estima AG KDDL acquires Swiss watch company Estima AG Apurva Joshi / Tuesday, December 11, 2018 / Article rating: 3.2 The Board of Directors of KDDL Limited has approved the acquisition of Estima AG, a Swiss watch hands manufacturing company through its subsidiaries Pylania SA and special purpose vehicle Kamla International Holdings SA.
How is the world reacting to the resignation of Urjit Patel How is the world reacting to the resignation of Urjit Patel Shashikant Singh / Tuesday, December 11, 2018 / Article rating: 5.0 Urjit Patel becomes the first Governor after 1960 to resign from his post and quit before completing his term. Check headlines of major media houses worldwide.
Market sentiment sours as Urjit exits Market sentiment sours as Urjit exits Gayathri Udyawar / Tuesday, December 11, 2018 / Article rating: 5.0 The RBI Governor Urjit Patel tended his resignation on Monday ahead of the crucial board meeting scheduled for Friday, December 14. Also, the state election results will bring more volatility to the Indian equity markets.
Index trend and stocks in action December 11, 2018 Index trend and stocks in action December 11, 2018 Karan Dsij / Tuesday, December 11, 2018 / Article rating: 5.0 The level of 10,360 is likely to act as a strong support for the index as it is 61.8 per cent retracement level. Stocks in news: Wipro, Lupin, Zensar Technologies, Titagarh Wagons, KDDL, GMR Infrastructure, Cox & Kings, ICICI Bank and SBI.
Markets to open gap-down following RBI governor's sudden exit Markets to open gap-down following RBI governor's sudden exit Karan Dsij / Tuesday, December 11, 2018 / Article rating: 5.0 Indian markets stares at a major gap-down start on Tuesday as in a surprise move, the RBI governor Dr Urjit Patel submitted his resignation with immediate effect. Dr Patel has cited personal reasons for his resignation, but market participants are not buying that argument as the negative reaction to the news is evident with the SGX Nifty trading lower by 175 points and indicating Nifty opening below the 10,350 mark. Going ahead, market participants will keep a close eye on counting of five state election results.