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Wockhardt gets USFDA approval for cancer drug

Wockhardt gets USFDA approval for cancer drug

On April 10, 2019, the Biotechnology and Pharmaceutical major Wockhardt Ltd received US Food and Drug Administration (USFDA) approval for an ANDA of 50 mg injection of Decitabine injection. Decitabine...
Delta corp on winning spree. Posts fantastic Q4FY19 numbers

Delta corp on winning spree. Posts fantastic Q4FY19 numbers

Delta Corp Limited was incorporated in the year 1990. It is the only listed company in India engaged in the casino and gaming industry. The company's primarily engaged in gaming...
Mukta Arts: Management Meet Update

Mukta Arts: Management Meet Update

Mukta Arts is an entertainment conglomerate with diversified business in education, exhibition business. The company is involved in various areas of film making such as production, distribution, exhibition, and education....
Will the marriage between Laxmi vilas and Indiabulls succeed?

Will the marriage between Laxmi vilas and Indiabulls succeed?

On April 5, 2019, the Board of Lakshmi Vilas Bank (LVB) approved the amalgamation with mortgage lender Indiabulls Housing Finance Ltd (IBH). The merger is subject to the approval of...
RVNL IPO gets good response. Subscribed 1.8 times

RVNL IPO gets good response. Subscribed 1.8 times

On the last day, Rail Vikas Nigam (RVNL) IPO received bids for Rs. 46.33 crore shares against the offer for sale of Rs. 25.34 crores by the Government of India. The...
RBI cuts Repo rate by 25 BPS to 6 percent

RBI cuts Repo rate by 25 BPS to 6 percent

The First Bi-Monthly policy held on April 4, 2019, by the Monetary Policy Committee (MPC) of the Reserve Bank of India cut the repo rate under the Liquidity Adjustment Facility...
Rail Vikas Nigam Limited (RVNL) IPO Research Note should your subscribe?

Rail Vikas Nigam Limited (RVNL) IPO Research Note should you subscribe?

Rail Vikas Limited (RVNL) has come up with an IPO at price band of Rs. 17- Rs. 19. RVNL is a wholly owned government entity under the Ministry of Railway....
L&T’s construction and engineering arm bags multiple contracts

L&T’s construction and engineering arm bags multiple contracts

Larsen & Toubro had reported acquiring the water and effluent treatment by its construction arm on March 5, 2019. They have further acquired more projects through multiple contracts. The water...
Mstc makes tepid debut on D street

MSTC makes tepid debut on D street

State-owned Miniratna I MSTC got listed on BSE and NSE on 29th March 2019. The company got listed at a discount of 7.5% at Rs. 111 from its issue price...
Former ILFS directors under scanner for money laundering

Former IL&FS directors under scanner for money laundering

The Enforcement Directorate(ED), in February, 2019 made a foray at multiple locations in Mumbai, Delhi and Gurugram regarding the financial irregularities of Infrastructure Leasing & Financial Services(IL&FS). IL&FS CFO Maharudra...