The Sensex opened with a positive gap this morning on strong cues from Asian markets. Investors cheered as the ongoing political impasse came into an end after government gave in to the demands of anti corruption activist. The Sensex extended gains in late-noon trades on the back of buying in heavyweights and touched a high [...]
The Dow Jones Industrial Average slumped 5.5% to 10,810. The Nasdaq plunged almost 7% to 2,358, and the S&P index cracked 6.7% at 1,119. Mirroring the losses in the US markets, Asia too was deep into red at the opening bell. The major markets like Hang Seng tumbled nearly 8%, and Seoul Composite collapsed almost [...]
Markets shaved off 2 per cent today following a rout in equities across the globe due to risk aversion for equities on concerns of global economic health. Sensex nose-dived 364 points in opening trades and continued to remain under pressure due to heavy selling in index heavyweights-Infosys, Reliance Industries and ICICI Bank. The BSE benchmark index touched a [...]
Dr Reddys enters an agreement with JB Chemicals to acquire their Pharmaceutical prescription portfolio in the Russia & other CIS regions for a consideration of USD 34.85mn (Rs 155cr). Acquisition Details After acquiring GSK’s US Penicillin facility, DRL struck up another deal with JB Chemicals to scale up the business in Russia & CIS. Dr [...]
The company was established as a single mono-ethylene glycol plant in 1983. Since then, IGL has brought together cutting-edge technology, innovation and an unflagging commitment to quality, to manufacture a wide range of products that have found global demand. Belonging to Bhartia family, India Glycol Ltd has emerged as leading manufacturer of GLYCOLS, E O [...]
L&T, an Indian infrastructure conglomerate, has a presence across almost all the infrastructure segments. L&T is one of oldest infra companies in India and is in existence since 1946. L&T has expertise in the design, engineering and construction spaces across various industries, including oil and gas, petrochemicals, refineries, fertilizers, metals and power. It has presence [...]
Ashok Leyland’s total sales (YoY) in June stood down 4.6% at 8009 units vs 8398 units. Domestic sales stood down 9% at 6824 units vs 7497 units while exports stood up 31.5% at 1185 units vs 901 units. On MoM basis, Ashok Leyland’s total sales for June stood up 40% at 8009 units vs 5725 [...]
Elecon Engineering Company Limited was established in the year 1951. Since then it has been cast in the mould of a pioneer. Setting trailblazing standards of technical excellence scaling new heights in its determination to deliver the best . From elevators, conveyors and gears to material handling plants. For over 5 decades, Elecon has supplied [...]
BSE Code: 506401 Deepak Nitrite is the preferred business partner of chemical majors worldwide in Pharma, Rubber, Colourants and Imaging chemicals. Headquartered at Pune. It has manufacturing facilities at Nandesari, in Gujarat and at Pune, Roha and Taloja in Maharashtra and Hyderabad in Andhra Pradesh, all of them complying with ISO 9001:2000 standards. This Gujarat [...]
Incorporated in 1995, Delhi based MBL Infrastructure Ltd is in business of construction and maintenance of roads and highways, industrial infrastructure, and other vivil engineering projects for various government bodies and other clients. Company has a ready mix concrete and bitument divisions to ensure adequate and timely supuply of high quality of RMC and bitumen [...]
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