Pursuant to scheme of amalgamation and arrangement

Mahindra & Mahindra announces cessation of its subsidiary - Fifth Gear Ventures

Capital Market Automatic

Shilpa Medicare has announced that the United States Food and Drug Administration (USFDA) conducted an inspection at Unit-2 of its subsidiary, Shilpa Pharma Lifesciences, located in Raichur, with zero observations.

Shilpa Medicare's Raichur unit clears USFDA inspection with zero observations

Zydus Lifesciences has announced that the US Food and Drug Administration (USFDA) conducted a surveillance inspection at the company's Active Pharmaceutical Ingredient (API) Unit 1, located in Ankleshwar, Gujarat.

Zydus Life's Gujarat facility clears USFDA inspection with zero observations

RPP Infra Projects said that it has received a letter of acceptance for a new project worth Rs 22.56 crore from the Department of Space Centre, Construction and Maintenance Group, Sriharikota.

RPP Infra bags order worth Rs 23-cr from Department of Space Centre


The Indian rupee declined 4 paise to 82.88 (provisional) against the US dollar on Friday, weighed down by unabated foreign fund outflows and a negative trend in domestic equities. The benchmark S&P BSE Sensex ended the session down 453.85 points, or 0.62 percent, at 72,643.43. The broader NSE Nifty index settled 123.30 points, or 0.56 percent, lower at 22,023.35.Strengthg in the American currency overseas and crude oil prices in the international market also dented investors' sentiments. At the interbank foreign exchange market, the local unit opened at 82.95 and touched the intra-day low of 82.96 and a high of 82.85 against the greenback. The local unit finally settled at 82.88 (provisional) against the dollar, registering a loss of 4 paise from its previous close. Meanwhile, India's exports rose 11.9% to USD 41.4 billion in February, the highest in the current fiscal, while the trade deficit stood at USD 18.7 billion, according to the data released by the commerce ministry. The ...

INR Settles Lower Amid Muted Equities And Dollar Strength Overseas


UK pound has been sliding through the week and lingering at its lowest level in a week against the dollar on Friday.  GBPUSD is trading at $1.2749, down marginally on the day as dollar gained momentum following hotter than expected US data that reinforces firmer inflation level, adding to uncertainty over timing of Federal rate cut this year. The dollar index that measures the greenback against a basket of currencies ascended well above 103 mark. Going forward, the Pound awaits UKs inflation data for February that will be published next week. This is a day before the Bank of England interest-rate decision. On the NSE, GBPINR futures are lingering in negative terrain at 105.60, down around half a percent on the day. 


UK Pound At One-Week Low Amid Dollar Strength Overseas

INR falls near 83 per US dollar mark, local stocks ease


The dollar index renews gains on Friday morning in Asia following higher than expected producer price data that added to uncertainty over timing of Federal rate cut this year. Producer price index for final demand climbed 0.6 percent in February after rising by 0.3 percent in January. The report also said the annual rate of producer price growth accelerated to 1.6 percent in February from a revised 1.0 percent in January. The core PPI showed an increase of 2.8% annually, higher than the previous 2.6%. The dollar index that measures the greenback against the basket of currencies is currently trading above 103 mark and is set for a weekly gain tracking higher benchmark US treasury yields at 4.28%. Among the basket currencies, EURUSD and GBPUSD were under pressure at $1.0875 and $1.2735 respectively. 


Dollar Index Renews Gains As US PPI Data Flag Concerns Of Sticky Inflation


At 14:27 IST, the barometer index, the S&P BSE Sensex was down 469.38 points or 0.65% to 72,619.79. The Nifty 50 index slipped 151.35 points or 0.68% to 21,995.30.


Nifty hovers below 22,000 level; pharma shares decline


At 13:27 IST, the barometer index, the S&P BSE Sensex was down 454.09 points or 0.62% to 72,642.78. The Nifty 50 index slipped 158.75 points or 0.71% to 21,989.25.


Barometers trade with moderate losses; European mkt opens higher

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