The joint entity will have a market share of nine per cent in India. Analysts tracking the company said one of the key outcomes of the merger would be to create a single brand entity of Sun and the Ranbaxy brand would eventually dissolve.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
TCS, Infosys do well but Wipro & HCL disappoint analysts; however, outlook for FY17 bullish in general.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The villagers have pinned their hopes for development on Ravi, whose success has much to do with the sacrifices and moral guidance of one man -- his father Rakesh Kumar Dahiya.
Marcus Smart had 28 points and 10 rebounds for the Celtics, who had a six-game winning streak come to a halt. Grant Williams added 17 points, and Derrick White had 15 points and eight assists. Boston was without Jayson Tatum (knee), Jaylen Brown (knee), Robert Williams III (knee) and Al Horford (personal).
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Tech Mahindra IPO is worth subscribing as it is attractively priced
'I'm tempted to say that he's in a better place now, but I'm quite sure he's not.' 'There was no better place for him than the basketball court, and now he'll never set foot on one again. Because he's gone,' says Dhruv Munjal.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
A few analysts were surprised by the revenue growth of 3.8 per cent; many had expected revenue growth to be 2.5-2.7 per cent.
About 55 per cent of the public offers that hit the market since 2008 are still trading below their issue price.
A round-up of Wednesday's action in the UEFA Champions League.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
Experts say lending rates won't come down significantly,as banks are grappling with NPAs
Russia declared the soccer World Cup open on Thursday at a glitzy ceremony in Moscow headlined by British pop star Robbie Williams and Russian soprano Aida Garifullina.
Experts feel oil prices will remain volatile with an upward bias.
HDFC and HUL are the latest entrants in the club
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Bankers say it's a question of survival for debt-heavy companies.
But earnings of main private holding firm get a booster dose from RIL dividend
Designer Sanjay Garg brought the curtains down on Day One of LFW at the Royal Opera House, Mumbai.
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Bank shares were the top gainers led by ICICI Bank.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
Kylie's daughter turned five weeks old and the reality star surprised fans with her pic.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
Indian equity markets registered their highest single-day percentage gains since early October.
The Reserve Bank of India may move forward to accumulating more gold as the yellow metal is expected to shine in the years to come. "A weaker dollar could diminish the value of India's foreign exchange reserves and hence this could lead to further accumulation of gold by the RBI. This move will help India's central bank to hedge its downside risk on the foreign exchange reserves front," Angel Commodities Broking analyst Amar Singh said.
Higher provisioning drags net profit down by 7.8 per cent.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
The adjustment orders for AY2012, are expected between January and March 2016.
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
News of all that's transpired on and off the football field
Experts believe volatility is here to stay for some time, at least till China stabilises and clarity regarding the US Fed's interest rate move emerges.
A summary of Thursday's South American World Cup qualifiers.
Hundreds of blue and white Napoli scarves were tied to railings outside the stadium, and flowers, childrens' pictures, church candles and even a bottle of wine were laid out along the pavement in a rapidly expanding, makeshift shrine.
Analysts say there is still no visibility of earnings improvement.
Wipro, India's third largest information technology (IT) services company, is expected to continue with its strong show during the October-December quarter of financial year 2014.