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Lupin sells Japan arm to Unison for Rs 3,702 cr

The company will now focus on specialty products in Japan; it is open to inorganic opportunities, especially in India. Pharma major Lupin has divested its entire stake in its Japanese subsidiary,......

Patanjali's Rs 4,000-cr loan: Another big headache for banks

Despite sanctioning the loans, bankers are worried whether to disburse the loan because of absence of an investment grade rating. Bankers are jittery over Patanjali Ayurved’s repayment,......

R&D spend: Auto, pharma top the list

The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head. Illustration: Dominic Xavier/Rediff.com Research and development (R&D) spending by India Inc increased in......

Online ticket sales a bonanza for multiplexes

Revenue from convenience fees has grown at a compound annual rate of 85 per cent for multiplex chain operator Inox Leisure and 58 per cent for PVR. Photograph: Courtesy PVR Income from convenience......

How govt plans to untangle the telecom mess

Analysts have pointed out that with the dues arising out of the SC judgment there could soon be only two private telcos in the country, and not three - Reliance Jio, Bharti Airtel and Vodafone Idea......

NBA is coming to India! Sacramento vs Indiana in Mumbai

The first-ever live National Basketball Association match between the Sacramento Giants and Indiana Pacers on October 5 at the NSCI Dome arena in Mumbai. Image: Toronto Raptors players kiss the......
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Bank of India, IOB report NPA divergences; losses widen for FY19

Banks have to report the divergence in asset classification and provisioning for NPAs as per Risk Assessment Report of RBI subject to certain... ...

https://www.moneycontrol.com/news/business/bankindia-iob-report-npa-divergences-losses-widen-for-fy19_13187761.html
ICRA

The fiscal deficit rose by 9.6 per cent to Rs 6.5 lakh crore in the April to September period (H1 FY20) from Rs 5.9 lakh crore in H1 FY19. This was... ...

https://economictimes.indiatimes.com/news/economy/indicators/subdued-tax-revenue-growth-suggests-likely-fiscal-slippage-in-fy20-icra/articleshow/72082312.cms
Airports & trains full, people getting married— Union minister Suresh Angadi dismisses slowdown concerns

Angadi, who is the minister of state for Railways, said that “some people” were trying to malign the image of Prime Minister Narendra Modi,... ...

https://economictimes.indiatimes.com/news/politics-and-nation/airports-trains-full-people-getting-married-union-minister-suresh-angadi-dismisses-slowdown-concerns/articleshow/72072745.cms
FORTIS HEALTHCARE Plunges by 11%; BSE 500 Index Up 0.4%

Posted by Equitymaster FORTIS HEALTHCARE share price has plunged 11% and is presently trading at Rs 161. Meanwhile, the BSE 500 Index is at 15,425... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/th1_eXYQdvs/indian-share-markets-updates.asp
CORPORATION BANK Surges by 10%; BSE BANKEX Index Up 0.4%

Posted by Equitymaster CORPORATION BANK share price has zoomed 10% and is presently trading at Rs 17. Meanwhile, the BSE BANKEX Index is at 35,052... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/9qr-jp3T4Rw/indian-share-markets-updates.asp

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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