In a landmark judgment that has the potential to change the direction of India's pharmaceutical business, the Supreme Court said on Monday that the drug failed to qualify for a patent according to Indian law.
The buyer received poor investor response to the pricing of the share sale.
Wipro and HCL Technologies among its top picks.
To bring down promoter stake to comply with minimum public shareholding rules.
Says the TRC proposal was clumsily worded.
Expected cut in withholding tax for debt investments.
Wants to jointly develop the office space at Bandra-Kulra Complex.
BofA Merrill also upgrades its price objectives for private banks, retaining ICICI Bank Ltd as its top pick, and HDFC Bank Ltd and Axis Bank Ltd as its 'preferred' names.
Lafarge is in a drive to shed non-core assets to cut its debt to below 10 billion euros from 12.2 billion euros.