Indian pharmaceutical companies may have units abroad as part of “distributed manufacturing” across various locations, according to industry veterans. This may come about over the next five to 10 years. There will be more interdependence between research and development (R&D)
Equity benchmark indices Sensex and Nifty surrendered early gains to close almost flat in a highly volatile trade on Friday as uncertainties over the global trade war sapped investor’s risk appetite. Snapping its two-day winning streak, the 30-share BSE Sensex
In a first for a major corporate house, engineering, procurement and construction major Larsen and Toubro on Thursday announced a one-day paid menstrual leave for women employees. Photograph: Shailesh Andrade/Reuters The move will benefit about 5,000 women employees at the
Benchmark stock index Sensex rallied nearly 610 points to reclaim the 74,000 mark while Nifty closed above 22,500 in their second day of gains on Thursday following heavy buying in Reliance Industries on easing crude oil prices. Photograph: Shailesh Andrade/Reuters
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000. Photograph: Kind courtesy, Makara Heng/Pexels Amid increased buzz around Tesla’s entry into the Indian market, analysts feel that the US firm will have
Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by
Benchmark BSE Sensex surged by 740 points while Nifty snapped a 10-day losing streak on Wednesday following value buying in utilities and power shares and a strong trend in global markets. Photograph: Savita Kirloskar/Reuters The 30-share BSE Sensex surged by
India’s services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. Photograph: Francis Mascarenhas/Reuters
Investors’ wealth tumbled by Rs 9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities. Photograph: PTI Photo from the
Benchmark stock indices Sensex and Nifty closed flat on Thursday in a volatile trade amid unabated foreign fund outflows and monthly derivatives expiry. The 30-share BSE Sensex eked out gains of 10.31 points or 0.01 per cent to settle at
