- IFC plans to invest about $20 mn in PE Faering Capital's Faering III fund 14 Apr 2021 11:02 International Finance Corporation (IFC) has proposed an equity investment up to $20 million into Faering Capital International Growth Fund III or Faering III. According to IFC, the investment is subject to a cap of 20 per cent of the final fund size of …
- Tackle volatility with a balanced portfolio 13 Apr 2021 22:35 "We have been advocating a balanced portfolio. You should ideally have IT, pharma, exporters and FMCG as defensives in the portfolio. You also need to have banks and insurance companies," says Devang Mehta, head of equity advisory at Centrum …
- Why would a COVID vaccine cause rare blood clots? Researchers have found clues 13 Apr 2021 22:16 This story originally appeared on STAT, a health and medicine website that provides ambitious coverage of the coronavirus. Go here for more stories on the virus. Try STAT Plus for exclusive analysis of biotech, pharma, and the life sciences. And check out …
- Fast-track Covid-19 vaccine approval gives indices a shot in the arm 13 Apr 2021 22:00 Equity markets staged a strong comeback on Tuesday as the Centre’s decision to fast-track approvals of foreign-made Covid-19 vaccines boosted investor sentiment. The Sensex rose 660 points or 1.4 per cent to end at 48,544, while the Nifty50 index added 194 …
- WBR Corp UK Limited's 45 under 45 India list unveiled 13 Apr 2021 16:58 New Delhi [India], April 13 (ANI/BusinessWire India): WBR Corp is a leading Brand Management and Consulting Company that specializes in helping start-ups, SMEs and even individuals develop themselves into brands. A ~10 year old organization with …
- Bears maul markets: Indices plunge 3.5%, m-cap worth Rs 8.8 trn wiped out 13 Apr 2021 06:13 Indian shares tumbled on Monday as an alarming rise in Covid-19 infections and fresh stringent curbs to contain the spread of the coronavirus cast a shadow over the economic recovery. The Sensex fell 1,708 points, or 3.4 per cent, to end the session at 47, …
- FM Logistic India introduces EVs for deliveries within city limits 13 Apr 2021 01:52 FM Logistic India, one of the youngest 3PL service providers in the country, in partnership with agri-commerce company WayCool Foods & Products is deploying electric vehicles (EVs) in Bengaluru to carry out intra-city deliveries. The first batch of EVs …
- Howard Dean Is Out Stumping For Big Pharma Patent Protection, No Matter How Many People In Poor Countries Die As A Result 13 Apr 2021 01:43 from the yaaaaah! dept If ever there was a situation that called for a circumvention of the normal patent process and lifespan, surely it would be the COVID-10 pandemic. It seems obvious that a global pandemic is the perfect situation to go beyond the …
- Stocks to watch: TCS, Infosys, Ambuja Cements, NMDC, Balrampur Chini 12 Apr 2021 14:47 Nifty futures on the Singapore Exchange were trading 250 points or 1.68 per cent lower at 14,60 levels at around 8.45 am, indicating a gap-down start for benchmark indices on Monday. Here are the top stocks that are likely to be in focus today: Earnings …
- Solara Active Pharma extends gains, rallies 12% on merger with Aurore Life 12 Apr 2021 14:47 Shares of Solara Active Pharma moved higher by 12 per cent to Rs 1,529 on the BSE in the intra-day trade on Monday after the company said it has approved the amalgamation with Aurore Life Sciences (Aurore), Empyrean and Hydra in an all-stock transaction. …
- Nifty faces hurdle at 15,000 mark, IT stocks likely to outperform 12 Apr 2021 05:45 Technical analysts are bullish on the IT sector ahead of March quarter earnings season. The BSE IT index has hit a record high last week with IT majors Infosys and also hitting their peaks. Meanwhile, technical experts feel Nifty has to cross the immediate …
- Govt mulls cotton import from Uzbekistan 11 Apr 2021 08:42 KARACHI: The government is considering an option to import cotton from Uzbekistan via land routes after it took back a decision of its import from India, Commerce Adviser Razak Dawood said, as textile exporters want government to take decisive steps amid …
- Experts Demand Compulsory Licensing For Generic Production Of A Drug Against Covid-19 10 Apr 2021 07:28 Should not a medicine (Remdesivir) that has shown lifesaving effect in certain cases of Covid-19 be made available to all those who need it without delay? Even if Big Pharma has a patent, there are provisions in the global trade treaties that allow …
- True North sells Policy Bazaar stake to Serum Institute, four others 09 Apr 2021 23:00 Private equity fund manager True North said today that it has sold a part of its holding in PolicyBazaar to five buyers – Ashoka India Equity Investment Trust, Triumph Global Holdings, Serum Institute of India, IIFL Special Opportunities Fund Series 8 and …
- Can night curfew contain Covid spread? Here's what experts say 09 Apr 2021 15:40 Image Source : PTI. REPRESENTATIONAL/FILE Can night curfew break Covid-19 transmission chain? What experts say As Covid-19 cases surge in India, several state governments have announced restrictions to limit the movement of people. Night curfew has …
- Next 6 months to see return of alpha; stick to flexi cap, multi-cap funds: Sunil Subramaniam 09 Apr 2021 12:00 Sundaram Mutual will be much closer to the middle of the risk reward curve in terms of our positioning, says MD & CEO Sunil Subramaniam. Are we going through that phase of the market where there is universal acceptance that things will look up but the …
- Pune: Some hospitals run out of stock, long queues outside pharmacies as desperate family members wait for remdesivir 09 Apr 2021 07:47 As some hospitals in Pune ran out of their stock of remdesivir injections, long queues were seen outside pharmacies, with relatives of Covid-affected critical patients making desperate attempts to procure the drug. S B Patil, joint commissioner of Food and …
- Indices gain but coronavirus fears weigh on sentiment; UltraTech up 4% 08 Apr 2021 23:30 The BSE Sensex gave up early gains but managed to close in the green on Thursday as concerns over rising coronavirus infections and resultant restrictions across the country kept investors on the edge. A depreciating trend in the rupee also weighed on risk …
- Looking for Vaccine! 08 Apr 2021 19:32 After the arrival of the third wave of the coronavirus pandemic in Pakistan, things have worsened to a larger extent. Even the vaccines for covid-19 have started to be administered but the severity of the pandemic is not decreaseing and the bad impacts of …
- AstraZeneca issues legal notice to Indian manufacturer over vaccine delivery delays 08 Apr 2021 15:22 The Serum Institute of India (SII), deemed the world’s largest vaccine manufacturer, has been served a legal notice from Oxford-AstraZeneca for not being able to meet its delivery target with Indian government putting on hold vaccine exports as Covid-19 …
- Govt asks drug makers to ramp up remdesivir production to full capacity 07 Apr 2021 23:03 The government on Wednesday said that all seven manufacturers of remdesivir in the country have been asked to ramp up production to full capacity by next week. The direction comes against reports of shortages of the critical drug. Remdesivir is considered …
- Moderna, Novavax: Are Covid Vaccine Stocks Still Worth Investing In? 07 Apr 2021 14:01 Covid-19 vaccine stocks have had a solid run, driven by the urgency to end the pandemic and the unprecedented speed at which companies have developed highly effective vaccines. Our theme of Covid-19 Vaccine Stocks – which includes Moderna (NASDAQ: MRNA), …
- Healthcare to grow for next 20 yrs: Narang 07 Apr 2021 13:35 Technology is becoming a big productivity driver and disruptor. Companies providing omni-channel experience in retail and food business will survive and lead, says Sumeet Narang, Founder & MD, Samara Capital. Given that the markets were positioning for …
- Analysts turn cautious; prefer defensives amid sporadic lockdowns 07 Apr 2021 11:52 Curbs in Maharashtra put in place in the backdrop of rising Covid-19 cases followed by the night curfew imposed in Delhi has made analysts a worried lot, with brokerages now favouring defensive stocks over cyclical plays. With Covid-19 cases rising in the …