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China July factory growth unexpectedly stalls: PMI survey

China July factory growth unexpectedly stalls: PMI survey

Growth at China’s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump. The official Purchasing Managers’ Index (PMI) stood at 50.0 in July, compared to the […]

Lupin gets shareholders nod to raise up to Rs 7,500 crore

Lupin gets shareholders nod to raise up to Rs 7,500 crore

  Drug major Lupin on Saturday said it has received approval from its shareholders to raise up to Rs 7,500 crore through issue of securities. In a BSE filing, the Mumbai-based firm said shareholders have approved a proposal on Saturday “to raise funds for an amount not exceeding Rs 7,500 crore through issue of securities”. […]

EU bans 700 generic drugs for manipulation of trials by GVK

EU bans 700 generic drugs for manipulation of trials by GVK

  The European Union has banned the marketing of around 700 generic medicines for alleged manipulation of clinical trials conducted by India’s pharmaceutical research company GVK Biosciences. The largest EU-wide suspension of sales and distribution of generic drugs ordered by the European Commission will come into effect on August 21 and it will be applicable […]

Battle coming for blockbuster cholesterol drugs

Battle coming for blockbuster cholesterol drugs - If and What

The injectable drugs, known as PCSK9 inhibitors, could cost an estimated USD 7,000 to USD 12,000 per year for each person using the drug. Like this story, share it with millions of investors on M3 Battle coming for blockbuster cholesterol drugs The injectable drugs, known as PCSK9 inhibitors, could cost an estimated USD 7,000 to […]

Slowly but surely, Bajaj comeback strategy falls into place

Slowly but surely, Bajaj comeback strategy falls into place

  It was a corporate blunder that would make a perfect case study on how things can go wrong in business. Over the past three years, homegrown motorcycle maker Bajaj Auto seemed to be able to do nothing right in its domestic market. Over that period, the company saw its market share almost halve (from 24 […]

SpiceJet says in early talks with investors

SpiceJet says in early talks with investors - If and What

  Low-cost carrier SpiceJet Ltd said on Friday it was in “exploratory and preliminary stage” talks with potential investors who have shown an interest in putting money into the airline. “A few parties have approached us and evinced interest in making investments into SpiceJet Limited,” it said in a statement following a report in India’s […]

MAT stand-off: Shah panel submits report to FM

MAT stand-off: Shah panel submits report to FM - If and What

The high-level Justice A P Shah Committee on Friday submitted a 66-page report to the government on applicability of minimum alternate tax (MAT) on FIIs, an issue which had riled foreign investors. Shah submitted the report, whose contents have been kept secret for now, to Finance Minister Arun Jaitley at a time when foreign investors […]

India to produce surplus sugar for 6th straight year

India to produce surplus sugar for 6th straight year

  India, the world’s second biggest sugar producer after Brazil, is likely to churn out a surplus for the sixth straight year despite erratic rainfall in key growing areas, a leading industry body said in its preliminary estimate on Friday. The south Asian country is likely to produce 28 million tonnes in the 2015/16 year […]

FinMin releases revised draft of Indian Financial Code

FinMin releases revised draft of Indian Financial Code

The Finance Ministry has come out with revised draft of the Indian Financial Code, a two book document on its website and invited comments by August 8, reports CNBC-TV18’s Latha Venkatesh The FSLRC committee that had came into existence in March 2011, had put out two big books by 2013 that literally drew up a […]

CCL Products may test Rs 272, says Rahul Arora

CCL Products may test Rs 272, says Rahul Arora - If and What

Rahul Arora, CEO at Nirmal Bang Institutional Equities told CNBC-TV18, ” CCL Products has been a phenomenal stock. We had initiated it about Rs 70. It is at a new Rs 52-week high, close to Rs 225. I still think it could potentially be a two-bagger from here. I think with all the run up […]

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