The Government of India has imposed 5 per cent safeguard duty on imports of refined palm oil from Malaysia, thus, taking the customs levy to 50 per cent from current 45 per cent for 180 days. 

Laurus Labs informed the bourses, on Thursday, that the company has received the Establishment Inspection Report (EIR) from US Food and Drug Administration (USFDA) for its API Units 1 & 3, located at Parawada, Visakhapatnam.

Wipro Limited has bagged a seven-year engagement, valued at US$300 million, from ICICI Bank to provide a comprehensive suite of services.

Overall volumes in futures & options currently stand at 2,39,77,369 contracts with a turnover of Rs. 15,02,054.73 crore.

Overall volumes in futures & options currently stand at 2,39,77,369 contracts with a turnover of Rs. 15,02,054.73 crore.

Maruti Suzuki has stopped production at its plants situated in Haryana. Reacting to this news, the stock of the company fell by 3.64 per cent.

The level of 10,740 is likely to act as a support for the index and a sustainable move below this level would invite further selling and, thereby, there are high chances of retesting its panic low of 10,637 registered on August 23. On the upside, resistance is seen at the level of 10,950. Stocks in news: MCX, Wipro, ICICI Lombard General Insurance Company, Power Grid.

At the time of writing, the SGX Nifty was trading higher by 31 points at the 10,888 level.

Bharat Earth Movers Limited (BEML) announced disinvestment of its shareholding of 96.56 per cent in Vignyan Industries Limited (VIL), a subsidiary of BEML Ltd.

Vascon Engineers Ltd. received an order worth Rs. 465 crore on September 4. The tender was offered by Maharashtra State Police Housing & Welfare Corporation (A Government of Maharashtra undertaking) for construction of staff quarters along with multipurpose hall in Mumbai.