The company is planning to sell its 22.5% stake in Future Generali Life Insurance to Mumbai-based non-banking finance company Industrial Investment Trust Ltd.
The company has agreed to acquire the architectural operations of Sherwin Williams Paints India Private Limited, for an undisclosed sum, through its subsidiary, Brushworks Paints.
The Company has entered into an agreement to acquire substantial business interests of Germany based Neumayer Tekfor Group, through its 100% subsidiaries.
The company received approval for NDA for Desvenlafaxine ER, the drug used for treatment of Depression is bio-equivalent version of Pristiq by Pfizer.
Markets ended marginally lower on Monday, amid a range bound trading session, after investors booked profits in index heavyweights ahead of the February IIP data
At present there are 1,756 FIIs registered in the country
Sun pharma and HDFC among key gainers this afternoon
Sensex FY14 consensus earnings estimates have declined 0.40% over the last month
HDFC, L&T, Mahindra & Mahindra and Hindustan Unilever among the top index gainers along with realty names
The BSE mid-cap index has advanced 0.37% or 6,511 and the small-cap index is up 0.33% or 21 points at 6,355
Stocks gain on hopes of revival of new home sales post the Budget proposal for additional tax deduction for new home loan borrowers up to Rs 25 lakhs.
Check out the latest trends and outlook for key large-and mid-cap stocks with Gaurav Ratnaparkhi, technical analyst, Sharekhan
The bank says HPCL is trading at 0.75 time of its expected book value for FY14 versus a range of 0.6-1.4 times over the past three years
Foreign institutional investors (FIIs) bought shares worth a net Rs 1283.58 crore on Friday
Also check out trading strategies for sugar stocks, Unitech and Pantaloon with Navneet Daga, derivative analyst, KR Choksey Securities
BSE Metal and Capital Goods indices have plunged by nearly 1%
The broader markets are out performing the benchmark indices. BSE Midcap and Smallcap indices are up 0.4-1%.
The Sensex opened higher by 35 points at 19,718 whereas the Nifty gained by 9 points at 5,954 levels
FM to meet global management consultant on Wednesday
SPDJI will float Asia Index Services with BSE to scape up its business in the region