Jeff Bezos meets industry captains, concludes 3-day India visit
Jeff Bezos has announced investments of USD 1 billion over the next few years in India. He could not reportedly get an audience with Indian PM Modi, while Commerce Minister Piyush Goyal stoked a controversy by stating that the e-commerce giant which is being investigated for predatory pricing is not doing India any favour by the investment.
Share market update: Rallis India, JK Tyre among top gainers on BSE
Among the 50 components in the Nifty index, 15 shares were trading in the...
Share market update: Tyre stocks mixed; Krypton Industries rises 5%
The 30 shares BSE Sensex was up 217.60 points at 41817.32.
Share market update: Auto shares in the green; TVS Motor up 2%
The Nifty Auto index was trading 0.37 per cent up at 8427.25 .
What ails India's pharmaceutical sector?
Unlike mature markets such as the US, where drug prices are market-controlled, here, the government and regulators play a pivotal role in the entire process. Regulators fix both the price companies pay for bulk drugs and the price at which they sell their products in the market, leaving little leeway to earn profit. For Indian pharma, this is a double-edged sword.
Share market update: Tyre stocks gain; Apollo Tyres rises 2%
The 30 shares BSE Sensex was up 63.79 points at 41516.14.
Share market update: Mining stocks advance; Pacific Industries climbs 5%
The NSE Nifty50 index was trading 18.90 points up at 12,362.20.
Share market update: Auto shares in the green; Apollo Tyres up 2%
The Nifty Auto index was trading 0.41 per cent up at 8269.45 .
Share market update: Tyre stocks advance; Balkrishna Industries rises 4%
The 30 shares BSE Sensex was up 564.79 points at 41382.53.
FSII recommends making India global seed production hub & pushes for 200% deduction of R&D expenditure in the seed industry
The income tax deduction for the in-house R&D has been reducing over the last few years, it said. Through an amendment as per Finance Act 2016, the weighted deduction was reduced to 150% effective from April 1, 2017 through March 31, 2020 and it indicated a further reduction to 100% from April 1, 2020.
RIL-Saudi Aramco deal unlikely to close by March-end, says CFO
Mukesh Ambani-led Reliance Industries is unlikely to close the deal for 20 per cent stake in its oil to chemicals business to Saudi Aramco by March 31 this year, according to a senior company official.
What drove RIL’s record quarterly show: Key highlights of Q3 earnings
Reliance Jio's Q3 profit surged 62% YoY to Rs 1,350 crore, while Arpu fell to Rs 128.40.
Reliance Jio Q3 profit surges 62% to Rs 1,350 crore; Arpu falls to Rs 128.4
Total capitalisation of Jio Platforms stood at Rs 1,70,000 crore, Reliance said in a regulatory filing.
Reliance Q3 results: Profit rises 13% to Rs 11,640 crore on good Jio & retail show
Analysts in an ET NOW poll had estimated Reliance's profit number at Rs 11,400 crore.
Buy Exide Industries, price target Rs 200: Manas Jaiswal
The analyst suggested a stop loss at Rs 185.
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