Index of Industrial Production (IIP) for the month of July came in at 3.3% as against 8.8% in previous month, way below the street expectations. The IIP data stated that the capital goods industry grew only 15.2% in July against 37.7% in the previous month. Is RBI Still going to hike repo rate? everyone is waiting fingers crossed , Most of broker houses are stating that RBI donot hike repo rate as IIP Data is not acceptable at all
Tuesday, 13 September 2011
DLF has decided to sell its 17.5 acres biggest land deals in the country
DLF has decided to sell its 17.5 acres NTC Mill land in central Mumbai which bankers estimate would fetch between Rs 3000 crore and Rs 4000 crore that will make it one of the biggest land deals in the country
Cipla and Unichem Paediatric drugs nimesulide and phenylpropanolamine will soon be avialable at Chemists
Court order revoked a ban on manufacture and sale of Paediatric drugs nimesulide and phenylpropanolamine due to controversial formulations will soon be available with chemists.The ban was challenged by writ petitions filed by drug makers Cipla and Unichem.
KS Oil is going to selling off its all key businesses
KS Oil is going to selling off its all key businesses including wind power. Goldman Sachs Investments Mauritius I Ltd bought 2,146,201 shares of KS Oil at Rs 10.92 on the NSE
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