Updates
Electronic Voting details06-07-2017
AGM On August 3, 2017
Pursuant to Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations'), please find enclosed Notice of the forthcoming Twenty-Sixth Annual General Meeting of the Company scheduled to be held on Thursday, August 3, 2017, at 3:00 pm at Air Force Auditorium, Subroto Park, New Delhi?110010. This is for your kind information and record.04-07-2017
Sluggish US market to pull down domestic Pharma growth to 7-10%: Icra
The growth trajectory for Indian pharmaceutical industry is likely to moderate to 7 to 10 per cent over FY18 to FY20 after mid to high double digit growth over last five years, feels rating agency ICRA. This is on the back of slowing growth from US.ICRA says the growth in US is slowing 'given the relatively moderate proportion of large size drugs going off patent, increased competition leading to price erosion in high single digits to low teens, generic adoption reaching saturation levels and, regulatory overhang along with base effect catching up.'According to Gaurav Jain, vice president and co-head, corporate sector ratings, ICRA , "The growth momentum is likely to face further pressure going forward, led by limited near term first to file (FTF) generic opportunities and pricing pressure on generic base business. Besides increased regulatory scrutiny and consolidation of supply chain in US market resulting in pricing pressures along with increased R&D expenses will also have an .03-07-2017
Will the new Bankruptcy Code overhaul domestic steel?
Insolvency proceedings for stressed accounts may lead to consolidation in steel sector: ICRA03-07-2017
Policy measures on power to reduce cost burden on discoms: ICRA
ICRA said, flexible utilisation of coal linkages by state owned or central owned generation utilities would result in an optimal utilisation of the linkage coal from mines.28-06-2017
Housing credit growth slows in 2016-17: ICRA report
Slowdown more for banks than HFCs due to disruptions caused by demonetisation20-06-2017
Two-Wheeler To Grow 8-10% In FY18; Notes Ban Pangs Waning: ICRA
The two-wheeler industry had witnessed a decline of 6.5 per cent in the five months period between November 2016 and March 2017 when compared with the year-ago period, ICRA said.05-06-2017
IN FOCUS: Top stocks to watch in today's session
ICRA has cut the creditworthiness of state-owned Oriental Bank of Commerce01-06-2017