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News that made headlines during the week.

Sep 15, 2018 07:09 IST India Infoline News Service

Corporate News
  1. Sun Pharma gets USFDA approval for Xelpros. The drug is used to treat ocular hypertension
  2. HCL Technologies offers to buyback 3.63cr shares (representing 2.61% of its equity capital) for Rs1,100 per share. The buyback size for this offer will aggregate to Rs4,000cr
  3. Dr.Reddy’s Laboratories launches Neostigmine Methylsulfate Injection in US
  4. Lupin receives USFDA approval for Atovaquone Oral Solution USP, the generic version of GSK’s Mepron Oral Suspension
  5. Maruti Suzuki announces boosting Baleno production to cut down waiting time for customers
  6. Sun Pharma clarifies that its Mohali facility is undergoing inspection by USFDA. The inspection started on September 10
  7. Cipla receives approval for its HIV treatment combination medicine ‘TLD’ from the South African Health Products Regulatory Authority. The drug will be manufactured at the company's Durban and Uganda plants
  8. NTPC clarifies it is considering an investment approval for Talcher plant expansion. Details from the meeting to be disclosed are under the stages of finalization
  9. Redington (India) to consider share buyback on September 17
  10. NMDC production and sales of iron ore from April to August stood at 9.85mn tonne and 11.04mn tonne, respectively
  11. ICICI Bank files bankruptcy petition against Jaiprakash Associates
  12. BSE, PTC India, and ICICI Bank file petition with power market regulator CERC for grant of license to set up a new power exchange
  13. Container Corporation of India signs agreement to form joint working group with Central Warehousing Corporation to operate the latter's container freight station facility at Pipavav port
Economy News 
  1. July IIP slows down to 6.6% against 7% in June
  2.  CPI eases to 3.69% in August against 4.17% in July
  3.  India, Russia discuss ways to increase economic cooperation in mining, agriculture
  4.  Commerce Ministry to soon seek Cabinet approval for national logistics policy
  5.  States to get Rs22,700cr windfall gain from rising petrol, diesel prices: SBI report
  6.  Ongoing free fall of rupee credit negative for Indian companies: Moody's
  7.  India will be brightest spot for steel sector over next 12-18 months: Moody's
  8.  Global macro situation responsible for rising petrol, diesel prices: Assocham
  9.  India's contribution to Asia-Pacific region GDP moves up to 17.3% in 2017: ADB
  10.  Finance Ministry in touch with RBI for market intervention to check rupee depreciation
  11.  Govt's total liabilities increase to Rs79.80 lakh cr in Q1 FY19
  12.  ECGC must provide liberal insurance coverage to overseas shipments: FIEO
  13.  India likely to impose anti-dumping on certain varieties of Chinese steel
  14.  Finance Ministry making strategy, working with states to shore up GST revenues
  15.  India's CAD eases marginally to 2.4% of GDP in Q1FY19: RBI

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