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SKF, a global supplier of bearings, seals, mechatronics, lubrication systems and services, has reported a net profit of Rs. 60.4 crore in the first quarter of the fiscal year 2017, recording a growth of 29.8 percent over the same period of the preceding fiscal. However, this impressive result failed to motivate SKF India share price which dropped by 2
On 18th July 2016, Monday,Torrent Power Limited reduced tariffs in three states of Gujarat- Ahmedabad, Gandhinagar and Surat by Rs. 1 per unit, attributing the move to lower fuel and purchase rate adjustment (FPPPA) charge. The FPPPA charge varies from one quarter to other, under a formula which has been approved by the state electricity regulator Gujarat Electricity Regulatory Commission or GERC. <p style="margin-top: 6px;"
S&P Global Ratings confirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds issued by the Bahrain branch of HDFC Bank Ltd. (BBB-/Stable/A-3). They have removed the ratings from CreditWatch, where the bonds were placed with negative implications on Feb. 22, 2016. Also, S&P has raised the Greater China regional scale rating on HDFC Bank's Chinese yuan of 150 million 4.30% bond maturing in 2018 to 'cnA-' from 'cnBBB+' a
In a filing to NSE on 20th July 2016, today, Pharma Major Lupin Limited (NSE: Lupin, BSE: 500257, ISIN: INE326A01037) announced that its subsidiary in the United States, Lupin Pharmaceuticals Inc. has launched its Norgestimate and Ethinyl Estradiol Tablets USP, 0.18 mg / 0.035 mg, 0.215 mg / 0.035 mg and also 0.25 mg / 0.035 mg. It has received an approval from the United States Food and Drug Administration popularly known as USFDA earlier to market a generic version of Janssen Ph
On July 11, L&T group's subsidiary L&T Infotech made a successful launch of its IPO. L&T had put 1.75 crore shares on the price band of Rs. 705-710 for each equity share of Face Value of Re. 1. The total offer size was Rs.1,2423 crore at the respective ends of the price band. By 14th July, the IPO of Rs. 1,243 crore was oversubscribed nearly 12 times the available volume and attracted over one million applications. The number of applications is the highest for any share sale offered in at least last five
Sun Pharma is recognized as thetop 500 performing stocks by Dynamic Levels. At the start of the trading session, Sun Pharma Share Price opened at Rs.785.40 with a rise of 1.19%. On 20th July, 2016Sun Pharma announces US FDA sanction for generic Crestor Mumbai. Sun Pharma revealed on this day that one of its subsidiaries has received final approval from US FDA for its ANDA (Abbreviated NewDrug Application) for generic version of Crestor, Rosuvastatin C
Dynamic Levels has recognized Karnataka Bank as the top 500 performing stocks at the end of every quarter out of 1700 Shares of NSE. At the start of the trading session, Karnataka Bank Share Price opened at Rs.148.45 with a decline of 0.17%. Karnataka Bank has received the Best Bank Award for Evangelising Technology Adoption' amongst small banks, for 2014-15. This award has been organized by the IDRBT (Institute for Development and Research in Banking Technology),H
Piramal Enterprises said on Tuesday that it is looking to raise up to Rs 1,000 crore through the issuance of non-convertible debentures (NCDs) on private placement basis. This has led the jump in the Piramal Enterprises share price today. Administrative Committee of the Board of Directors of the company will meet on July 21, 2016, to consider and approve the matter of secured non-convertible debentures amounting up to Rs 1,000 crore on private placement basis. The company, howev
Aurobindo Pharma has announced in a press release to NSE that the company has received the final approval from the US Food & Drug Administration or USFDA to manufacture as well as market Rosuvastatin Calcium Tablets, 5 mg (base), 10 mg (base), 20 mg (base) and 40 mg (base). The Company was one of the first ANDA applicants to submit a substantially complete ANDA with a paragraph IV certification. Hence, the pharma giant is eligible for 180 days of generic drug shared exclusivity. The product is launched in the
Mumbai: Ashoka Buildcon share price is 2.96% up on NSE today. Engineering firm Ashoka Buildconon Tuesday said that it had bagged two contracts valued at Rs 2,086crore from NHAI - National Highways Authority of India inPunjab and Jharkhand. Ashoka Buildcon said in a filing to the BSE that the company had emerged as the lowest bidder for theRs 1,600 crore 4/6 laning of Kharar to Ludhiana section ofNH-95 project in Punjab. Thehybrid annuity model has been chosen to develop the project.</p