These biosimilars are in early stages of development. As the cost incurred during the early stages are not significant we don’t expect our R&D costs to go up materially as of now.
As on March 2017, HDFC Bank had reported gross NPAs worth Rs 5,885 crore while RBI, in its supervision that ended in October last year, found the NPAs to be at Rs 7,937 crore.
The company, which has 84 retail jewellery stores across the country, had posted a net profit of Rs 106.97 crore in the year-ago period, the company said in a regulatory filing.
In his new role, Bisht will lead finance and accounts, secretarial and legal functions of the company, the firm said in a regulatory filing.
In its opinion sent to President Ram Nath Kovind, the Election Commission said by being parliamentary secretaries, they held office of profit and were liable to be disqualified as MLAs of the Delhi Assembly, highly placed sources said.
The latest exercise takes the overall number of recalled vehicles, equipped with airbags manufactured by Takata, by the company to 3.13 lakh units in India.
The auction will be conducted on NSE's e-bid platform from 1530 hrs to 1730 hrs after the close of market hours, the exchange said in a circular.
Prakash Gaba of prakashgaba.com is of the view that Indiabulls Housing Finance looks good while Ashok Leyland is the stock that looks weak.
Wonderla Holidays receives a major boost after the goods and services tax (GST) rate on amusement and theme parks was slashed from 28 percent to 18 percent. The stock is up over 6 percent in trade today. In an interview with CNBC-TV18, Arun K Chittilappilly, MD of Wonderla Holiday discussed the impact of the GST rate revision.
Foreign investment limit for investment by Foreign Portfolios Investors in Healthcare Global Enterprises Limited has increased from 24 percent to 100 percent of its paid up capital.
With the surge in M&A activities, it is imperative to have a befitting tax regime which gives an added fillip to these activities. There are various provisions under the Income Tax Act which confer tax neutrality to mergers and acquisitions upon fulfilment of specified conditions.
The operator of Domino’s Pizza in India posted a revenue growth of Rs 795.20 crore, up 21 percent from Rs 659 crore year on year.
Ashwani Gujral of ashwanigujral.com recommends buying KRBL and Dewan Housing Finance and advises selling India Cements.
Moneycontrol brings to you select pictures that are making headlines across the globe…
The minister was speaking at the launch of National CSR Data Portal and Corporate Data Portal of the MCA. He said because of online availability of data, it has become easier to dissect any impropriety, including that of funds being channeled through shell companies.
Under the scheme, any consumer purchasing 50 bags or in multiples of 50 bags (50 kg) of Coromandel Super Power between January 19 and April 19 will be eligible to receive an assured gift from the CSK merchandise range, a press note said.
Cyient reported its Q3 numbers with margins and revenue coming in tad above expectations in a seasonally weak quarter. In an interview to CNBC-TV18, Ajay Aggarwal, CFO of Cyient discussed their Q3 performance and his outlook for the company.
"The strategic investor(s) shall, either jointly or severally, invest not less than 5 per cent and not more than 25 per cent of the total offer size," Securities and Exchange Board of India (Sebi) said in a circular.
The technology can generate images of everything from ordinary pastoral scenes, such as grazing livestock, to the absurd, such as a floating double-decker bus, Microsoft said in a blog post.
The nuclear-capable missile with a range of over 5,000 km now covers all of Asia but most importantly all of China within its nuclear capability.
The two leaders will also discuss, among other trade and business matter, the envisaged free trade agreement between India and the European Free Trade Association (EFTA), of which Switzerland is a member.
Total revenues increased 5.7 percent on a YoY basis to Rs9772 crore for the quarter ended December compared to Rs9248 crore reported in the year-ago period.
The private sector lender’s standalone net interest income (NII) rose to Rs 2,394 crore, up 17 percent from Rs 2,050 core during the corresponding quarter last year.
The final reinsurance regulations, which will define how the business is done in the country as well as the order of preference, will be released by end of February, said Insurance Regulatory and Development Authority of India (IRDAI) Chairman TS Vijayan.
According to Angel Commodities, MCX Jan Cotton closed higher on Thursday supported by good demand from the mills and traders. However, the prices have corrected by more than Rs. 200 during the end of the session.