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.
The spike in coronavirus deaths came on the same day the number of people hospitalised broke the 100,000-mark, according to the Covid Tracking Project.
The market breadth, indicating the overall health of the market turned negative from positive
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.
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
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
'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.
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.
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.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
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).
Experts say lending rates won't come down significantly,as banks are grappling with NPAs
HDFC and HUL are the latest entrants in the club
Experts feel oil prices will remain volatile with an upward bias.
'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.'
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.
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
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
Bank shares were the top gainers led by ICICI Bank.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
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.
Designer Sanjay Garg brought the curtains down on Day One of LFW at the Royal Opera House, Mumbai.
Indian equity markets registered their highest single-day percentage gains since early October.
Higher provisioning drags net profit down by 7.8 per cent.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
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.
Kylie's daughter turned five weeks old and the reality star surprised fans with her pic.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
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
The adjustment orders for AY2012, are expected between January and March 2016.
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.
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.
Analysts say there is still no visibility of earnings improvement.
Loan defaults and restructuring to limit profits.
Also keenly watching inflation numbers, with wholesale inflation data expected today
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