Pharma Sector set for gains: Dr Reddy#39;s Lab sees significant long position build-up on December 18, 2023 at 5:10 am

Pharma sector to be in focus this week in FO segment with strong long build up witnessed in stocks like Zydus Life, Lupin, Lauruslabs, Divislab, and Dr. Reddy#39;s.

Goldman ramps up credit business in India, targets rich diaspora on December 18, 2023 at 5:12 am

The investment bank wants to broaden the range of loans it offers through its shadow banking unit, according to Sonjoy Chatterjee, chairman and chief executive officer for Goldman in India.

JSW Group stocks fall after group chairman is accused of rape on December 18, 2023 at 5:22 am

Chairman Sajjan Jindal has denied rape accusations as ‘baseless’

Budget 2024-25: Steady progress on inflation, but next steps are crucial on December 18, 2023 at 5:30 am

Budget 2024-25: The government and RBI#39;s fight against inflation is never-ending, given how food prices behave. While the Modi government has indeed tried to tame these prices, it now needs to do more

Jefferies picks Indian hospitals as top growth sector for FY24-26 amidst anticipated capacity surge on December 18, 2023 at 5:34 am

The sector will be characterised by sharp bursts of growth and periods of slow growth but will see a big capacity expansion and rise in average revenue per occupied bed.

Adani Group’s Ambuja Cements to invest $723 million in Green Energy projects on December 18, 2023 at 5:58 am

The Mumbai-based cement maker, which the Adani Group acquired from Holcim Ltd. last year, will be funding this investment through internal accruals, it said in an exchange filing Monday.

Bankruptcies soar as high rates and end of COVID aid hit businesses hard on December 18, 2023 at 5:54 am

‘Zombie’ firms lose lifeline as increased borrowing costs compound withdrawal of pandemic-era support

Mankind Pharma gains on raising stake in British therapeutics firm on December 18, 2023 at 6:06 am

For Mankind, this is a strategic investment in the field of treatment of cancer cachexia, amyotrophic lateral sclerosis, and other muscle-wasting disorders.

Adani Group’s Ambuja Cements to invest $723 million in Green Energy projects on December 18, 2023 at 5:58 am

The Mumbai-based cement maker, which the Adani Group acquired from Holcim Ltd. last year, will be funding this investment through internal accruals, it said in an exchange filing Monday.

The Eastern Window: China’s stimulus move not enough to revive investor sentiment on December 18, 2023 at 3:49 am

China has taken some major steps like infusing massive funds in banks to kick-start the sluggish economy. But analysts say it may not be enough to encourage new investment