The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
All that happened in the markets today
All that happened in the markets today
Analysts believe Dr Reddy's US business, which has been facing revenue pressure, is likely to rebound with new product launches and the gradual normalization of price erosion in its key products.
According to news agency Reuters, the founder and director of Hin Leong Trading Pte (HLT), Asia's largest oil trader, directed the firm not to disclose these losses
Foreign portfolio investors reduced their stake in multiplex operators by up to 5 percentage points in Q4FY20
The Covid-19 induced slowdown, UBS believes, could have worse impact on the auto finance segment than demonetissation or global financial crisis, casting shadow on the NBFC's loan segment
A prolonged Covid-19 outbreak would reduce demand for the metals while disruptions in the supply chains would impact the availability of the metals in the physical markets," ICRA said.
The facility remains important as it contributes more than 10 per cent to Aurobindo's overall sales and about 20 per cent of the US sales
Among oil marketing companies, Indian Oil Corporation (IOC) was down over 3 per cent at Rs 84.85
Tata Consultancy Services (TCS), Infosys, Tech Mahindra, Wipro, HCL Technologies, Hexaware Technologies, NIIT Technologies and Mindtree were down 1 per cent to 5 per cent on the NSE in intra-day trade
Here's a look at the stocks that may remain in focus today
All that happened in the markets today
The rating actions reflect the increasing risks that the Indian NBFCs face due to the challenging operating conditions stemming from the COVID-19 outbreak, the agency said.
The S&P BSE Sensex and the S&P BSE Allcap index have gained 23 per cent and 24 per cent, from their respective March 23, 2020 low levels
GMM Pfaudler is a leading supplier of process equipment to the pharmaceutical and chemical industry segments.
The company has acquired Britain''s most iconic sporting motorcycle brand Norton in an all-cash deal for Rs 153 crore.
In Q4, the bank's profit before tax up 2.5 per cent year-on-year at Rs 9,174 crore, due to higher provisioning in the light of the Covid-19 crisis
Aviation minister Hardeep Singh Puri said in a tweet on Sunday that airline services shall remain suspended even after the lockdown is lifted on May 3.
On April 1, the SC set aside the NGT order directing revocation of environmental clearance and closure of the company's bulk drugs Unit at Panoli, Gujarat
Here's a look at the top stocks that may remain in focus today