📰 Latest Economy & Stock Market News
Add Reliance Industries, target price Rs 2855: HDFC Securities
Updated at : 2021-10-25 10:20:01

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1776666.28 Crore) operating in Diversified sector.

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Biocon eyes $30b US insulin market via its biosimilars
Updated at : 2021-10-25 09:20:01

With the approval of aspart, Biocon says it will become the first company to receive approvals for two interchangeable insulin drugs in the US, helping it make a strong entry into that market. This also proves that the company has the science and vertical integration required to get to the US market, it said.

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Apollo to roll in premium tyres to tap India demand
Updated at : 2021-10-25 08:20:01

The government of India put the import of tyres in the restricted category in June last year and companies are licensed to import only those tyres which are not manufactured locally. With Apollo Tyres set to manufacture Vredestein tyres locally, the company will have an advantage, said Satish Sharma, President - APMEA, Apollo Tyres.

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Gland Pharma expects to begin exports of single shot Sputnik Light vaccine by November
Updated at : 2021-10-25 08:20:01

As per RDIF, Sputnik Light has been authorized in more than 15 countries. Gland Pharma said it is focusing on rolling out the single shot Sputnik Light vaccine.

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Wipro enters pact to buy office space in Mindspace Business Park
Updated at : 2021-10-25 08:20:01

With the rising number of corporates planning the return of workforces to office and steady economic recovery, the lease transactions for office spaces are being registered across key property markets.

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Electronics, handsets short of Diwali demand
Updated at : 2021-10-25 08:20:01

The supply crunch has gotten magnified due to robust sales during the Navratri period (October 2-15), led by marketplaces such as Flipkart and Amazon, and brick-and-mortar retailers like Reliance Digital, Croma, Vijay Sales and Great Eastern Retail.

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Spending on holidays, equities, white goods may hit gold sale
Updated at : 2021-10-25 08:20:01

Although gold will see wedding-related demand during the festive season, the yellow metal in the physical form may not be the preferred choice for people this Dhanteras and Diwali to bring prosperity to their homes, say bankers and trade analysts.

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Stocks in the news: RIL, Tech Mahindra, ICICI Bank, BPCL, MCX and Federal Bank
Updated at : 2021-10-25 08:20:01

Tech Mahindra, Indus Towers, SRF, HDFC AMC, Coforge, ColPal, Kansai Nerolac, Ramco Cements, Aditya Birla AMC and Home First Finance are among the companies that will announce their September quarter results today.

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Oil prices on the march again in tight market; US crude at 7-yr high
Updated at : 2021-10-25 08:20:01

Oil prices rose on Monday, extending pre-weekend gains, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps.

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Field gets wider for IPO funding after RBI caps borrowing
Updated at : 2021-10-25 07:20:01

Many smaller NBFCs are likely to enter the estimated Rs 80,000-crore short-term funding market, hitherto the preserve of large entities such as Bajaj Finance, IIFL, and JM Financial. To be sure, the IPO financing market might shrink after the Rs 1-crore limit per borrower kicks in on April 1.

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