Global cues to dictate market movements

The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term Benchmark share indices ended higher during the truncated week, with defensive shares leading the gains......

Lupin acquires US generics firm GAVIS for $880 mn

  Deal marks the largest acquisition by an Indian pharma company in the US In its fifth foreign acquisition within 18 months, Lupin on Thursday said it would acquire New Jersey-based generic......

Investment board clears 14 FDI proposals worth Rs 1,528 crore

FIPB has approved foreign direct investment proposals worth Rs 1,528.38 crore (Rs 15.28 billion) from 14 firms, including ACME Solar Energy and Sinclairs Hotels. The proposals were considered by......

Govt nods 14 FDI proposals worth Rs 1,300 crore

The government said on Friday it has approved 14 FDI proposals worth about Rs 1,311 crore (Rs 13.11 billion, including that of Hindustan Port Ltd."Based on the recommendations of FIPB in its......