Punjab National Bank Q2 Profit Beats Estimates, Shares Surge

Punjab National Bank Q2 Profit Beats Estimates, Shares Surge

State-run Punjab National Bank, the country’s fourth-biggest lender by assets, reported a 2 per cent rise in second-quarter profit, beating forecasts. Its shares rose over 5 per cent to Rs. 208 at day’s high. Net profit rose to Rs. 561...
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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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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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Asia shares fall after North Korea’s latest missile launch

Asia shares fall after North Korea’s latest missile launch

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Supreme Court refuses permission to Singh brothers to sell Fortis shares

Supreme Court refuses permission to Singh brothers to sell Fortis shares

The Supreme Court on Thursday refused to give the Singh brothers (Malvinder and Shivinder, the original promoters of Ranbaxy and Fortis) permission to sell Fortis shares. It also refused permission to banks with whom the Singhs have pledged Fortis shares...
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Infosys shares rise on reports co-founder Nilekani may return to board

Infosys shares rise on reports co-founder Nilekani may return to board

Shares in Infosys rose for a third straight day on Thursday, following reports that former chief executive Nandan Nilekani could return to the board to help the software services exporter ride out its latest controversy. The board has been locked in a...
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