Wednesday, 29 March 2017

Investors in auto stocks need not lose sleep over BS-III ban

Two-wheeler makers are better placed to deal with the old inventory. The two-wheeler inventory lying with dealers constitutes 15% of the total quarterly sales.

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Thursday, 23 March 2017

Sensex, Nifty start on a positive note; Bharti Airtel, ICICI Bank top gainers

Shares of Bharti Airtel advanced as much as 2.84 per cent in early trade on Friday after the telecom major announced that it will acquire 4G business of Tikona Networks, including broadband spectrum and 350 sites across 5 circles, for about Rs 1,600 crore.

Tuesday, 21 March 2017

US ban on Divi’s Labs may dent profitability by up to 25%

Stocks of Hyderabad based drug firm Divi's LaboratoriesBSE -1.60 %, once a darling of stock investors, were hammered after news that the US Food and Drug Administration (USFDA) had raised several questions regarding quality controls at the company's Visakhapatnam unit that fetched nearly 70% of its revenues.