Adding to the string of banking system frauds disclosed in the recent times, IDBI Bank announced on Tuesday that it has uncovered fraudulent loans worth Rs. 7.72 billion that were issued from five of its branches in Andhra Pradesh and Telangana.

Pharma major Alkem Laboratories nosedived by 11 per cent on Wednesday as the US Food and Drug Administration issued 13 observations to the company’s Daman facility and one observation to its US based manufacturing unit.

Semglee is a biosimilar to insulin glargine and is co-developed by the two companies. The product will be offered in a 100 units/mL 3 mL prefilled disposable pen.

In year 2008, Indian economy grew by 8.48 per cent, however, frontline indices fell by 52 per cent. What does it tell about the relationship between equity return and economic growth? Let's understand.

Following stocks are close to their 52-week low as at 2.22 p.m. on March 28, 2018.

The markets on March 28, 2018 opened down. BSE Sensex is trading at 33,036.59, down by 137.80 points and the Nifty is trading at 10,142.05, down by 42.10 points.

EPC major L&T Construction added another major project to its order book as the company won contracts worth Rs. 4,353 crore in the power transmission and distribution business in India as well as abroad.

The state-owned aerospace and defence company Hindustan Aeronautics made a tepid debut on the stock exchanges on Wednesday as the share price of the company fell by 4 per cent from its issue price of Rs. 1,215 per share.

Overall volumes in futures & options currently stand at 1.36 crore contracts with a turnover of Rs. 11,31,391.77 crore.

Indoco Remedies received adverse observations from the British drug regulatory for its Goa – Plant I. The plant was inspected in the third week of March 2018.