Indian pharmaceutical stocks declined in early trade after the US President unveiled a phased tariff regime on imported generic medicines, though analysts said India's cost advantage and regulatory hurdles make a major disruption unlikely.
Indian stock markets ended lower for the second consecutive session on Tuesday amid volatile trading.
The robust growth in these industries offset weaker performance in other sectors. Output declined in crude oil, natural gas, refinery products and fertilisers during the month, highlighting the uneven nature of the recovery across the core industries.
Replying to a question in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said the government currently has no plan to remove the tax on long-term gains from equity investments.
Aditya Birla Capital Ltd (ABCL) officially informed the stock exchanges here on Friday that it has invested Rs 484.5 crore in Aditya Birla Sun Life Insurance Company Ltd (ABSLI) through a rights issue of equity shares.
The combined market valuation of eight of the country's top-10 most valued companies surged by Rs 1.90 trillion last week, with ICICI Bank emerging as the biggest gainer, adding Rs 56,223 crore to take its valuation to Rs 9,61,297.77 crore.
Present Tata Trusts Chairman Noel Tata happens to be one of the heirs of the late industrialist Naval Tata, as well as a Director on the board of Tata Sons.
SpaceX closed nearly 19 per cent above its IPO price on its Wall Street debut, pushing its valuation past $2.2 trillion and making Elon Musk the first person in history to reach trillionaire status.
Vedanta Group's four newly demerged companies will begin trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on June 15, Monday, according to stock exchange filings.
The The Ministry of Petroleum and Natural Gas has signed a tripartite Memorandum of Understanding (MoU) with the governments of Assam and Nagaland to accelerate domestic exploration and production (E&P) of hydrocarbons in the Northeast region. has signed a tripartite Memorandum of Understanding (MoU) with the governments of Assam and Nagaland to accelerate domestic exploration and production (E&P) of hydrocarbons in the Northeast region.
