Ranbaxy Laboratories has reportedly won a court battle to sell its copy of US-based Bristol-Myers Squibb Co's anti-hepatitis B drug, baraclude.
Tata Motor's Nano, the world's cheapest car, which comes with a 600-cc petrol engine, is reportedly set to roll out in a diesel avatar apart from new petrol variants.
Vijay Mallya's fertilizer unit plans to build a 4 billion rupee ($88 million) plant to meet a shortfall in crop nutrient supply in India.
Kingfisher Airlines does not have any overdues to oil marketing companies, Chairman Vijay Mallya said.
The rupee continued to trade weaker in afternoon session on Thursday tracking losses in domestic shares while gains in the dollar versus majors also hurt sentiment.
India's 10-year bond yields held at their lowest level in two weeks on speculation banks will increase debt purchases to meet the central bank's reserve requirement rules.
India's food inflation rate climbed to a six-week high, a pace that may ease as above-normal rainfall this season boosts harvests. An index measuring wholesale prices of agricultural products including lentils.
Microsoft Corp on Wednesday sold $4.75 billion in new debt, some of it at the lowest U.S. corporate borrowing rate on record, as the world's largest software company takes advantage of low interest rates to raise cash.
Gold was firm on Thursday, underpinned by a soft dollar and expectations of further monetary easing in the United Statet.
Oil rose in New York before a report forecast to show U.S. crude supplies dropped last week.
The euro declined from near a five- month high against the dollar after growth in Europe's services and manufacturing industries weakened.
0 comments:
Post a Comment