Some of the staff at the Kandivali office have been charged with creating fictitious accounts.
The manufacturing sector in Japan continued to expand in August, albeit at a slower rate, the latest survey from Jibun Bank showed with a manufacturing PMI score of 51.0. Thats down from 52.1 in July, although it remains above the boom-or-bust line of 50. Manufacturers reported a second successive contraction in output levels, and one that was the steepest for 11 months, while new order […]
JP Morgan and Barclays are launching a formal share selling procedure exclusively for financial investors, which is likely to begin in the coming weeks.
Dredging Corporation of India said that the Visakhapatnam Port Authority (VPA) had awarded the company with an Annual Maintenance Dredging contract with the project cost of about Rs 57crore for three years.
Developers remain bullish on medium term outlook, and are aggressively looking to expand into newer markets, including new segments like warehousing. Analysts at IIFL Capital Services prefer developers with high-finished unsold inventory, high OCF margins and low leverage — DLF and Lodha remains their top picks among the residential focused plays.
Unichem Laboratories advanced 2.54% to Rs 292.15 after the company announced that it has received abbreviated new drug application (ANDA) approval for Carbamazepine tablets from USFDA.
Vinod Jhaveri is the promoter of the reputed company.

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