Top funds with low probability of steep losses Top funds with low probability of steep losses Nikhil Desai / Wednesday, March 28, 2018 0 1873 Article rating: 5.0 With the current market volatility, it is very significant for a mutual fund investor to pick right mutual fund schemes from the range of schemes available in the market. To tackle with the market volatility, it is important to look into the risks involved in the investment of particular scheme Read more
IDBI Bank uncovers fraud of Rs. 7.72 billion, share price falls IDBI Bank uncovers fraud of Rs. 7.72 billion, share price falls Nikita Singh / Wednesday, March 28, 2018 0 3451 Article rating: 5.0 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. Read more
Alkem Laboratories receives 14 USFDA observations Alkem Laboratories receives 14 USFDA observations Nikita Singh / Wednesday, March 28, 2018 0 1518 Article rating: 5.0 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. Read more
EU Commission approves Semglee developed by Biocon and Mylan EU Commission approves Semglee developed by Biocon and Mylan Gayathri Udyawar / Wednesday, March 28, 2018 0 2519 Article rating: 5.0 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. Read more
Does good economics mean good equity return? Does good economics mean good equity return? Shashikant Singh / Wednesday, March 28, 2018 0 2631 Article rating: 4.7 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. Read more