Category: Stocks

Representative image Global investment firm KKR has inked a pact to invest USD 400 million in decarbonization platform Serentica Renewable. Both the entities have signed definitive agreements to this effect, under which KKR will invest USD 400 million in Serentica Renewable, a statement said on Tuesday. “This transaction is amongst the largest industrial decarbonization investments […]

State Bank Of India Amidst liquidity tightening and a decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides. Liquidity crunch is primarily because the Reserve Bank has been sucking out funds […]

According to a regulatory filing, the company has, on outright basis, acquired a 12-acre land parcel in Mundhwa-East, Pune. The development on this land will primarily be for a premium group housing project. PTI November 08, 2022 / 02:19 PM IST Godrej Properties (Representative image) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

The company has received approval from the US Food and Drug Administration (USFDA) to market the generic medication in multiple strengths, the Ahmedabad-based drug maker said in a statement. PTI November 08, 2022 / 12:06 PM IST Pharma Zydus Lifesciences on Tuesday said it has received approval from the US health regulator to market blood […]

According to the latest Enforcement Report by the US Food and Drug Administration (USFDA), New Jersey-based Aurobindo Pharma USA Inc is recalling 9,504 bottles of Quinapril and Hydrochlorothiazide tablets. PTI November 08, 2022 / 09:30 AM IST Aurobindo Pharma (Representative image) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else […]

A round-up of the biggest articles from newspapers 1. Nodal central counterparty may resolve impasse with European market regulator A nodal central counterparty (CCP) could be a solution to the stalemate between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (ESMA). Under the nodal model, an ESMA-approved body will act […]

Central banks continue to dash the hopes of more optimistic equity investors Representative Image Katie Martin  Bear market rallies do not come draped in a banner saying “this is a bear market rally, please disregard”. Instead, these head-fake moments of levity in otherwise gloomy stock market conditions are often hard to distinguish from […]

The company has rolled out its 2 millionth unit, a Honda City sedan, from its Tapukara (Rajasthan) based manufacturing plant. PTI November 07, 2022 / 12:18 PM IST Honda Cars India on Monday said it has crossed the 20 lakh cumulative production milestone in the country. The company has rolled out its 2 millionth unit, […]

The US Food and Drug Administration (USFDA) inspected the facility from July 26 to August 5, 2022, which concluded with four observations. PTI November 07, 2022 / 12:13 PM IST Pharma Zydus Lifesciences on Monday said it has received an establishment inspection report from the US health regulator for its formulations manufacturing facility in Moraiya […]

According to provisional estimates provided by the Cotton Corporation of India, 340.62 lakh (34 million) bales of cotton were produced in 2021-2022 (File image of a cotton field) As the government introduces genetically modified (GM) mustard in the country, debate still rages on a similarly modified variety of cotton introduced 20 years back. In 2002, […]

Gold There have been multiple news items on central banks buying gold in large quantity. In this explainer, we will see reasons behind this recent love for gold by central banks. Have central banks increased gold holdings?  According to the World Gold Council (WGC), central banks collectively hold 31,422 tonnes of gold valued at $ […]

Representative image Dear Reader,  The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of.  Is the end nigh? The World Meteorological Organisation’s […]

This initiative has been launched in 30 aspirational districts across six states — Uttar Pradesh, Bihar, Rajasthan, Madhya Pradesh, Jharkhand, and Chhattisgarh — spanning two years, the Foundation said in a statement. PTI November 07, 2022 / 02:17 PM IST Google Piramal Foundation, the philanthropic arm of Piramal Group, on Monday said it has tied […]

Sebi open to foreign inspection of market institutions, RBI yet to decide The Securities and Exchange Board of India is open to allowing European regulators to inspect key financial market institutions in India as long as they take permission and carry out the inspection with Sebi officials. The Reserve Bank is yet to endorse such […]

Representative Image The government panel tasked to determine tax refund rates for overseas shipments from special economic zones and export-oriented units under export promotion scheme RoDTEP will submit its report on December 20, an official said. These sectors were left out in the earlier exercise which was conducted in August 2021. The government in August […]

KSUM CEO, Anoop Ambika, said this scheme will help startups in the State to gain greater access to know-how required for turning their ideas into marketable products. PTI November 06, 2022 / 01:40 PM IST India’s promising startup ventures are not only pioneering a culture of innovation in the country. (Representational image) Kerala has launched […]