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Eight of the 10 most valued Indian firms together added Rs 1.69 lakh crore in market capitalisation last week, led by Tata Consultancy Services (TCS) and SBI. A strong broader market drove the market capitalisation (m-cap) of the eight blue-chip firms, including ICICI Bank, HDFC and RIL, higher...
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November 5, 2018 Rakesh Sashmal
Companies
Drug maker Dr Reddy’s on October 8 said it got Form 483 with 8 observations from US FDA for its injectable plant in Duvvada. “This is to inform you that the audit of our formulations manufacturing facility at Duvvada, Visakhapatnam, by the US FDA, has been completed today,”...
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October 30, 2018 Rakesh Sashmal
Companies
Biosimilar launches in the US and Europe coupled with larger emerging markets contribution will help Biocon meet $200-million FY19 revenue guidance for its biologics division, the biopharmaceutical firm said on Friday. Biocon derives its confidence from the doubling of biologics revenue to Rs 617 crore in the first...
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October 27, 2018 Rakesh Sashmal
Companies
Software services major HCL Technologies Tuesday posted a 16.1 per cent increase in consolidated net profit to Rs 2,540 crore for the September 2018 quarter. The company had registered a net profit of Rs 2,188 crore in the year-ago period. Its revenue grew 19.5 per cent to Rs...
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October 23, 2018 Rakesh Sashmal
Companies
Vodafone Idea has more than 408 million subscribers and 32% revenue market share. Photo: Reuters A month after Vodafone India Ltd and Idea Cellular Ltd merged to form India’s largest telecom operator, various integration challenges have emerged ranging from trimming excess mobile sites and rationalising human resources even...
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October 2, 2018 Rakesh Sashmal
Companies
Introducing our new podcast, Problem Solvers with Jason Feifer, which features business owners and CEOs who went through a crippling business problem and came out the other side happy, wealthy, and growing. Feifer, Entrepreneur’s editor in chief, spotlights these stories so other business can avoid the same hardships. Listen below or click here...
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September 25, 2018 Rakesh Sashmal
Companies
It’s almost surreal to think that, back in 2011, Bitcoins traded for $1 each. Recently one Bitcoin was worth a whopping $16,000. As an entrepreneur, you may not be interested in purchasing Bitcoins or any other cryptocurrency as a form of investment. But you have to appreciate the...
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September 25, 2018 Rakesh Sashmal
Companies
Mumbai, Sep 27 (IANS) Automobile manufacturer Mahindra & Mahindra (M&M) on Tuesday said it has introduced its new mild hybrid technology ‘Intelli-Hybrid on the New Generation Scorpio with 1.99 litre mHAWK engine for Delhi and NCR (national capital region). The company said the Scorpio with Intelli-Hybrid is available...
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September 27, 2016 admin
Companies
KOLKATA: Reliance Jio’s entry with disruptive offers of free voice calls, roaming and possibly the world’s cheapest data plans will push smaller mobile service providers such as Aircel, Telenor India, Tata TeleservicesBSE -0.97 % and Reliance Communications to the fringes, if not to exit altogether, analysts say “In...
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September 4, 2016 admin
Companies
With a checklist regime kicking in for initial public offerings (IPOs), capital markets regulator the Securities and Exchange Board of India (SEBI), has put in place a new form for ASBA (Application Supported by Blocked Amount) facility. ASBA facility has become mandatory for all categories of investors applying...
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January 3, 2016 admin
Companies