Shortages continueThough it's been almost two weeks since the approval of Cipla and Hetero generic versions of Remdesivir by the Drug Controller General of Inda (DCGI), the patients are struggling to get access to the drug, even as the companies scramble to ensure supplies. … [Read more...] about Exclusive: COVID-19 drug Remdesivir in short supply, prices go up by 6x in black market
Bear market
As Square stock soars, market cap nears Goldman Sachs territory
This moves Square’s market cap up to $55 billion, which puts the company in the big leagues with some of the larger U.S. banks. It’s surpassed Truist Financial Corp. (the new name for the recently merged Sun Trust and BB&T banks) and is just $20 billion behind Goldman Sachs, according to Bloomberg. … [Read more...] about As Square stock soars, market cap nears Goldman Sachs territory
Why private trains alone will not be enough to modernise the railways
The entry of private operators in the provisioning of passenger train services by the Ministry of Railways is a welcome step. Given the supply side constraints, poor service levels, limited budgetary resources, and increasing competition from road and low-cost airlines, business as usual is no longer a sustainable option for railways. This is the second significant initiative by the ministry to permit entry of private operators after container train services in 2006. … [Read more...] about Why private trains alone will not be enough to modernise the railways
Sensex, Nifty at four-month high; 5 factors that are at play
"The much spoken about target of 10,700 has been achieved! I would like to pause at this situation and watch the markets for a couple of trading sessions in order to decide on the next level the markets could achieve," said Manish Hathiramani, Proprietary Index Trader and Technical Analyst at Deen Dayal Investments. … [Read more...] about Sensex, Nifty at four-month high; 5 factors that are at play
JP Morgan Funds buys TCS shares worth Rs 247 crore
Over 4.1 lakh shares of Cummins India were purchased by JP Morgan Funds at Rs 410.7 each, valuing the transaction at Rs 16.84 crore, while a little over 30 lakh shares of Gujarat Pipavav Port were picked up at a price of Rs 77.85 per share, taking the total deal value to Rs 23.5 crore. … [Read more...] about JP Morgan Funds buys TCS shares worth Rs 247 crore
