RBI maintains status quo on interest rates
In
line with the markets expectation RBI has kept interest rates unchanged during
the 5th bi-monthly monetary policy.
Aurobindo receives USFDA approval for Risedronate Sodium Tablets
Aurobindo
Pharma receives USFDA Approval for Risedronate Sodium Tablets – Positive
Aurobindo
Pharma Limited has received final approval from the USFDA to manufacture and
market Risedronate Sodium Tablets .This approval is an extension of tentative
approval received on 10th October 2012. This product is ready for launch.
UltraTech up as foreign brokerage maintains outperform rating
UltraTech
Cement gained over 2%, touching to Rs2873.95, on reports that a foreign
brokerage has maintained outperform rating on the stock.
Maruti Suzuki November 2015 volumes up 9.7% YoY
Maruti
Suzuki November 2015 volumes up 9.7% YoY to 120,824 units; growth rate below
estimate.Maruti Suzuki reported a 9.7% YoY growth in dispatches for the month
of November to 120,824 units.
Alstom India wins Indian Railways contract worth €200 mn
Alstom
India wins Indian Railways contract worth more than €200 mn for electrification
& signalling of DFC. Management expects multiple #India contracts of about
€200 mn.
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