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Global cues from foreign equity markets are negative

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Copper prices extend decline in early Asia on Thursday as worries about demand in top consumer China were reinforced by weak data from the countrys manufacturing and a firmer dollar overseas. The manufacturing sector in China fell into contraction territory in August, the latest survey from Caixin showed on Thursday with a manufacturing PMI score of 49.5. Thats down from 50.4 in July, and it […]

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Tata Motors: The company and Marcopolo S.A. have entered into a share purchase agreement where the company will purchase the balance 49% shareholding in TMML for a cash consideration of Rs 99.96 crore. Tata Marcopolo Motors (TMML or JV), is a 51:49 JV formed in 2006 between the Company and Marcopolo S.A., one of the largest bus and coach manufacturers globally. Infosys: The company had […]

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Ashok Leyland, the Hinduja Group's main brand, stated on Wednesday that it has received orders from significant fleets for 1,400 school buses in the UAE.

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Crude oil prices are seen stalling sharp decline witnessed in the last couple of days, although the commodity continues to stay weak amid rebound in dollar overseas. Crude oil prices failed to recover above $90 per barrel mark as worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China dominated markets. Nevertheless, sharp fall in crude oil inventories as […]

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After reporting decreases in US consumer confidence for three straights months, the Conference Board released a report showing consumer confidence rebounded by more than expected in the month of August. The consumer confidence index jumped to 103.2 in August from a downwardly revised 95.3 in July. The report showed the present situation index improved to 145.4 in August from 139.7 in July, while the expectations […]

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Stelis Biopharma, an emerging biopharmaceutical Contract Development and Manufacturing Organization (CDMO) and the biologics arm of Strides Pharma Science today announced that it received the Establishment Inspection Report (EIR) from U.S. Food and Drug Administration (USFDA or agency) for the Drug Products (DP) facility inspection that was completed at its flagship manufacturing site (Unit 2) at Bengaluru, India. This outcome for the DP facility comes […]

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