Sun Pharma, which was fighting a takeover battle with Israeli pharma major Taro, today said that the Supreme Court (SC) of Israel has given the ruling in favour of the company. The Court has unanimously dismissed the appeal of Taro Pharmaceutical Industries and has withdrawn its temporar…

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With a view to reach out to more customers, the National Stock Exchange (NSE) is gearing up to launch mobile trading through nearly 800 registered brokers in early October, an NSE official said. Currently, only about 10-15 big brokers who have the infrastructure offer mobile trading but …

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Christopher S. Rugaber, AP Economics Writer, On Friday September 3, 2010, 11:18 pm EDT WASHINGTON (AP) — Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of …

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Applications supported by blocked amount help investors in IPOs and NFOs to earn interest till shares or units are allotted. Investors in initial public offerings (IPOs) of companies are often confused. While it makes great sense to enter a company when it is being listed, there is littl…

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The US unit of Indian drugmaker Sun Pharmaceutical has received a warning letter from the United States Food and Drug Administration (USFDA) after its New Jersey manufacturing plant was inspected.Sun plans to respond to the USFDA within 15 days, and the company would work “cooperati…

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Mukesh Ambani promoted, Reliance Industries Ltd announced that it has acquired a 14.12 per cent stake in EIH Ltd. The acquisition was made through Reliance Industries Investment and Holding Pvt Ltd, a wholly owned subsidiary of RIL, said the company in a filing with the Bombay Stock Excha…

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Double bottom is a chart pattern where the price of the stock drops to a certain level, recovers back moderately and then again drops back to the level where it moderately recovered from. Double bottom is a good support level for a stock. It indicates that this is the level where the sto…

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Following is the list of stocks having the maximum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 29t…

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Following is the list of stocks having the maximum P/E (PE). For people who don’t know what P/E is about I recommend them to check it out here. The list is generated as on 29t…

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Oil marketing companies want to change over to monthly review from fortnightly. If the oil marketing companies (OMCs) increase the price of petrol on September 1, blame it on the new pricing mechanism. The change from a fortnightly review to a monthly one makes a case for petrol price ri…

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