Dr Reddy’s Lab Gets EIR For 2 Facilities, Shares Jump 7%

Dr Reddy’s Lab Gets EIR For 2 Facilities, Shares Jump 7%

New Delhi: Drug firm Dr Reddy’s Laboratories today said it has received establishment inspection report (EIR) from the US health regulator for a unit of its Srikakulam plant in Andhra Pradesh, following which its shares jumped as much as 7...
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Fed’s ‘Great Unwinding’ Lifts Dollar, Yields And Bank Stocks

Fed’s ‘Great Unwinding’ Lifts Dollar, Yields And Bank Stocks

London: Signals the Federal Reserve will hike U.S. interest rates again this year and begin the ‘Great Unwinding’ of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and...
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Nikkei Probes More Than 2-year Highs As Yen Eases

Nikkei Probes More Than 2-year Highs As Yen Eases

Tokyo: Japan’s Nikkei share average rose on Thursday, boosted by gains on Wall Street and a weaker yen after the Federal Reserve signalled it still expects to raise interest rates one more time this year. The Nikkei was up 0.8...
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Economic slowdown is real, not just technical: SBI Research

Economic slowdown is real, not just technical: SBI Research

Noting that the economy has been on a downslide since September 2016, SBI Research said on Tuesday the slowdown is real and not technical, and called for more public spending to arrest the slide. “We certainly believe that we are...
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Two Indian renewable power producers plan to sell $750 million in domestic bonds

Two Indian renewable power producers plan to sell $750 million in domestic bonds

Two of India’s biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pvt Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday. The pair turned...
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US defence firms want control over technology in Make in India plan

US defence firms want control over technology in Make in India plan

US defence firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won’t have to part with proprietary technology, according to a business lobby group’s letter to India’s defence minister......
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