The US drug regulator is expected to inspect Aurobindo Pharma Ltd’s two manufacturing facilities in Andhra Pradesh during September-December. While one of these plants, unit-6, is under import alert of the US Food and Drugs Administration (USFDA) since February 2011, the other one, unit…

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Markets to remain closed tomorrow (15-08-12) on account of Independence day. …

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Ratan Tata doesn’t mince words. He kept that reputation intact in his last annual general meeting as Tata Motors Chairman on Friday. Tata said it was a matter of “great shame” that the company allowed Mahindra & Mahindra to get ahead of it to claim the number three spot in pass…

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Competition squeezes margins despite gaining subscriber market share from some of its smaller rivals Top telecom company Bharti Airtel reported its 10th straight quarter of profit decline as competition squeezed margins despite gaining subscriber market share from some of its smaller ri…

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Interview with MD and CIO-Asian Equities, Franklin Templeton Investment Despite the toned-down estimates, Sukumar Rajah, MD and CIO–Asian Equities, Franklin Templeton Investments, tells Puneet Wadhwa that India maintains the lead in economic growth vis-à-vis most of its peers and the…

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MUMBAI: Indian stocks may open firm on Monday, tracking Friday’s strong closing on the Wall Street after the better-than-expected US jobs data for July. Investors’ mood for the rest of the week will be driven by industrial production reading for June on Friday, a string of Chi…

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By Rodrigo Campos NEW YORK (Reuters) – Wall Street rallied to its highest level since early May on Friday on a stronger-than-expected jobs report and renewed hope European authorities would act to contain the euro zone debt crisis. Though European Central Bank President Mario Drag…

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The company is planning to double its capacity to 42,000 tonnes per month by the end of 2013 at an investment of Rs140 crore Berger Paints is trading higher by 3% at Rs 141 on reporting 19% jump in net profit at Rs 44 crore for the quarter ended June 2012, against Rs 37 crore in previou…

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Share of Nifty futures open interest on Singapore Exchange falls as the government of India softens stance on GAAR Foreign investors, who had shifted their trading positions to Singapore due to taxation-related concerns, have started returning to Indian shores. The Nifty Futures open in…

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Investors hope for rate cut, eye monetary easing in Euro zone India’s key stock market indices gained the most in Asia on Monday, amid expectations that the Reserve Bank of India (RBI) could surprise markets with an interest rate cut, and hopes for monetary stimulus in the Euro zone an…

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