Dr. Reddy’s launches Esomeprazole Magnesium Delayed-Release Capsules in US

Dr. Reddy’s Laboratories has launched ESOMEPRAZOLE Magnesium Delayed-Release Capsules USP, 20 mg and 40 mg, a therapeutic equivalent generic version of NEXIUM (Esomeprazole Magnesium) Delayed-Release Capsules in the US market on September 25, 2015, following the approval by the United States Food & Drug Administration (USFDA). The NEXIUM (Esomeprazole Magnesium) Delayed-Release Capsules brand and generic

ITC aims to garner Rs 18,000 crore revenue from agri division by FY21

ITC is aiming to garner revenue of Rs 18,000 crore from its agri division in the next five years, driven mainly by procurement and retail initiatives in rural markets. The company expects the agri business division to have a turnover of Rs 6,500 crore in the ongoing fiscal, up from Rs 5,672.07 crore in the

Shree Renuka Sugars to sell remaining stake in NCDEX

Shree Renuka Sugars (SRSL) is planning to sell its remaining stake in the National Commodity & Derivatives Exchange (NCDEX) as part of its strategy to sell all non-core assets. In this regard, the company has appointed Motilal Oswal as an advisor for the deal. The company had bought 5% stake in the exchange from Goldman

Tata Motors Group’s global wholesales stood at 74,639 in August 2015

Tata Motors Group’s global wholesales in August 2015, including Jaguar Land Rover, were at 74,639 vehicles, higher by 2%, over August 2014. Cumulative wholesales for this fiscal at 381,656 vehicles, remained flat, over last fiscal. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in August 2015 were 29,683 units, lower by

Indian Hume Pipe Company gains on inking development agreement with Dosti Realty

Indian Hume Pipe Company is currently trading at Rs. 339.80, up by 6.80 points or 2.04% from its previous closing of Rs. 333.00 on the BSE. The scrip opened at Rs. 339.50 and has touched a high and low of Rs. 342.00 and Rs. 338.00 respectively. So far 1,417 shares were traded on the counter.

US markets remained shut on account of Labor Day

The US markets remained closed on Monday on account of ‘Labor Day’ holiday.

Tata Power’s TPDDL wins Safety Innovation Award 2015

Tata Power’s arm – Tata Power Delhi Distribution (TPDDL) has won the Safety Innovation Award 2015 instituted by The Institution of Engineers (India), under the aegis of Safety & Quality Forum. TPDDL has won the award for the seventh consecutive year. TPDDL has won this award based on the case study of ‘Implementing technology in

US markets closed higher on strong GDP data

The US markets closed higher on Thursday, for a second straight session as China showed signs that measures to stabilize its economy. The weekend will bring the Federal Reserve’s annual conference in Jackson Hole, Wyo., where the central bank might offer fresh clues about a possible interest-rate hike. On the economy front, The US economy

Jubilation continues on Dalal Street; Infra and Power takes the lead

Buoyed by firm global cues, Indian equity benchmarks continue to trade jubilantly in noon deals with frontline gauges retaining their crucial 8,050 (Nifty) and 26,600 (Sensex) levels. Sentiments remained up-beat as investors were hopeful for a rate cut by the Reserve Bank of India (RBI) at its policy meeting on September 29. Some support also

US markets closed lower as oil plunged to new lows

The US markets closed lower on Wednesday, as losses in the energy sector overshadowed the release of the minutes of the Federal Reserve’s policy-setting committee. Shares of energy companies dropped sharply after oil futures plunged to over 6-year low. The minutes from the meeting of the central bank’s Federal Open Market Committee, or FOMC, suggested