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Other stocks and sectors that are in news today:Axis Bank raises USD 250 million through 3.25 percent senior unsecured notes due May 21, 2020Sintex allots 1 crore shares to FCCB holder on exercise of conversion rightsKridhan Infra allots 32.25 lakh shares on warrant conversion to holders-3i Infotech allots 31 lakh shares against FCCB conversion of USD 10 million BEML rolls out country's biggest Dump TruckNSEL case update: Maharashtra Protection Of Interest Of Depositors (MPID) Court extends Amit Rathi's police custody till March 13Insurance unions give 1-day strike call on March 9 to protest against Insurance Bill: PTISamsung Electronics says in talks with Indian state governments for new manufacturing plantContainer CorporationState Bank Of Travancore cuts base rate from 10.25 percent to 10.15 percent w.e.f MondayGAIL says exempted from sharing under-recovery for Q3, Q4FY15 … [Read more...] about Stocks in news: Suzlon, DLF, JSPL, Hindalco, Jayaswal Neco

“Around 50,000 bottles have been supplied and cases were only 12. We have to go into the nitty-gritty, whether it was the fault of some extra irrational medication or medical negligence or just the product fault. All this will have to be determined by the investigation,” Somani said. … [Read more...] about DCGI says test report on Jammu killer cough syrup expected in a week

Below is the transcript of HM Bangur’s interview with Latha Venkatesh & Anuj Singhal on CNBC-TV18.Anuj: I want to ask about this Competition Commission of India (CCI) that you have got for the Jaiprakash (JP) Associates deal. When will that deal be finished now, now that the approval is there? Latha: What is the demand price situation at this point in time? What is the kind of capacity utilisation you are doing the industry is doing and what is the price trend for say the next quarter?Anuj: How much have prices come down from peak and what is the outlook on pricing from hereon?Latha: What gains do you get by the diesel price cut in terms of margins? … [Read more...] about Demand still weak; JP Associates deal soon: Shree Cement

US stocks ended little changed in light volume on Monday, with traders eyeing a Federal Reserve meeting expected to result in an interest rate increase later this week.The S&P 500 traded in its tightest range of the year, in and out of slight losses, while the CBOE Volatility index was on track to close at its lowest in more than a week.Shares of Mobileye jumped nearly 30 percent to a high of USD 61.51 after chipmaker Intel agreed to buy the driverless technology maker for USD 15.3 billion. Mobileye closed up 28.2 percent at USD60.62 and Intel fell 2.1 percent to USD 35.16.Investors looked ahead to the Fed's two-day meeting that starts on Tuesday. Traders saw a 94 percent chance that the US central bank will lift interest rates by 25 basis points on Wednesday."Other than the Fed on Wednesday, I don’t see anything going on to make any (investment) decisions on," said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont."Intel buying … [Read more...] about Wall Street drifts with eyes on Fed; Intel drops

The stock of Asian Paints has rallied in recent times owing to strong result in Q1FY19, we still believe there is upside as it is one of the strong play on India’s consumption theme with quality management pedigree. We believe the stock will always trade at a premium as it is a market leader with a gigantic scale achieved over the years. We expect a target of Rs. 1600 by FY19 end. … [Read more...] about Eye on RBI policy meet this week; bet on these 2 Nifty stocks for better returns