Sun Pharma arm acquires Israeli pharma start-up Sun Pharma arm acquires Israeli pharma start-up Gayathri Udyawar / Monday, September 10, 2018 / Article rating: 5.0 The company's arm has acquired a Israel-based early stage research company focusing on development of drug candidates for Ophthalmology segment.
Filing of petition for development of new Power Exchange in India Filing of petition for development of new Power Exchange in India Shohini Nath / Monday, September 10, 2018 / Article rating: 5.0 BSE along PTC India Limited and ICICI Bank Limited filed a petition with the power market regulator, CERC (Central Electricity Regulatory Commission) on September 7, 2018 for grant of license for setting up a new power exchange.
Nifty FMCG stocks tumble 3 per cent, HUL and ITC dive Nifty FMCG stocks tumble 3 per cent, HUL and ITC dive Dnyanada Kulkarni / Monday, September 10, 2018 / Article rating: 5.0 The FMCG sector is considered defensive and resilient. However, recently the FMCG stocks were among the top losers on the NSE. The Nifty FMCG index closed down by 1.73 per cent at 30,811.60.
TVS Motors enjoys milestone sales of Apache, stock recovers early losses TVS Motors enjoys milestone sales of Apache, stock recovers early losses Bhagyashree Vivarekar / Monday, September 10, 2018 / Article rating: 5.0 A flagship of TVS Group, the two/three wheeler major, TVS Motors released sales report for its premium brand TVS Apache on Monday. TVS Apache which is one of the fastest growing motorcycle brands has achieved 3 million sales milestone. The stock of TVS recovered from 1.3 per cent loss and is trading flat from the previous close at 14:54 hours.
Tata Motors dips 2 per cent after JLR sales plummet Tata Motors dips 2 per cent after JLR sales plummet Dnyanada Kulkarni / Monday, September 10, 2018 / Article rating: 5.0 Jaguar Land Rover sales dropped by 4.9 per cent (YoY) to 36,629 units in the month of August. Consequentially, in the Monday morning trade, the stock of Tata Motors witnessed a 2 per cent drop. The stock reported an intraday high of Rs. 276.30 and an intraday low of Rs. 272 per share.
Hi-Tech Pipes installs power plant, stock up Hi-Tech Pipes installs power plant, stock up Bhagyashree Vivarekar / Monday, September 10, 2018 / Article rating: 4.0 Hi-Tech Pipes announced the installation of 400 KW grid-connected solar power plant. This rooftop solar project will be conducted at its Hindupur facilities, Andhra Pradesh. The stock of Hi-Tech Pipes is trading up gaining 4.1 per cent at 13:58 hours, despite weakness in the markets.
Power Mech bags 3 orders worth Rs. 247 crore Power Mech bags 3 orders worth Rs. 247 crore Shohini Nath / Monday, September 10, 2018 / Article rating: 5.0 Power Mech has received a Letter of Intent for several work orders totalling to Rs. 247 crore. The share price of the company has however remained modest.
Add-Shop Promotions goes public Add-Shop Promotions goes public Shohini Nath / Monday, September 10, 2018 / Article rating: 3.3 The equity shares of Add-Shop Promotions Limited (Scrip Code: 541865) were listed on the exchange, on Monday, post its IPO which was open for subscription from August 21, 2018 to August 30, 2018.
Omax Autos surges 5 per cent on plans of new unit Omax Autos surges 5 per cent on plans of new unit Shohini Nath / Monday, September 10, 2018 / Article rating: 4.0 Omax Autos held a board meeting on Friday, September 7 where they approved the proposal for establishing a new manufacturing unit in Uttar Pradesh. The stock climbed up 5 per cent intraday post the news.
Tata Communications opens cyber security centre in Dubai Tata Communications opens cyber security centre in Dubai Apurva Joshi / Monday, September 10, 2018 / Article rating: 5.0 Tata Communications has unveiled an advanced cyber security response centre in Dubai. The facility was jointly inaugurated by UAE's Minister of State for Artificial Intelligence, Omar bin Sultan Al Olama and Navdeep Suri, Indian Ambassador to the UAE.