Competition in the US pharmaceutical market swelled in recent years, with increasing generic penetration.
The IOC stake sale will, however, dwarf in front of Rs 22,557 crore or Rs 225.57 billion that the government raised through a stake sale in Coal India Ltd last year.
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The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
For the seven months since February 2014, the benchmark index surged nearly 27%.
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
RBI projects GDP growth in FY16 at 7.8 per cent, 30 bps higher than FY15. However, this comes with a downward bias.
Bankruptcy Code will consolidate existing laws related to liquidation and sick industries
Bank has cited trend of global easing and weak growth
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
January inflation may undershoot RBI's 6% target.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
Lower fuel subsidy payouts might restrict gross fiscal deficit in FY15.
Exports to Europe shrank by near 2 per cent in the 11 months.
There would be a short period of turmoil in 2015 but real returns are likely to be positive.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Tomorrow's review could also turn out be the last policy anchored by Rajan if the proposed Monetary Policy Committee (MPC) is put in place before the next review due on August 9.
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.
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
In the April-June period, bond yields rose by 30 bps.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Food prices, which have contributed to a large part of inflation over recent years, have remained benign, despite unseasonal rain.
Experts feel oil prices will remain volatile with an upward bias.
"While the risk of a correction goes up in the near term, on a long-term basis the Indian market is on an absolutely strong footing."
The management, however, is a bit wary about near-term performance.
The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Chances of a sudden collapse in the Shanghai Composite are remote.
Stocks and sectors impacted most by GST.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
These have always been pro-cyclical bets but new banks could erode RoEs.
Sinha says many fund houses not abiding by rules on minimum number of investors, awareness funds
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
India's teen golfer Aditi Ashok rounded off yet another week with a card of five-over 76 to end her campaign at the 41st spot in the women's golf event at Rio Olympics. Nine of the world's Top-10 took part in the event making it as strong as any Major and ensuring credibility for the sport, which made a re-appearance at the sporting extravaganza after 112 years. For Aditi to hold her own on first two days when her cards of 68-68 kept her in the Top-8 of the field was indeed a big step for Indian golf at world stage.
For the first time since 2008, first quarter of 2014 (Jan-March) saw signing of 10 mega-contracts worth $100 million in ACV.