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Government takes IL&FS to NCLT, seeks dismissal of Board

Mumbai, Oct 1 (IANS) The Central government on Monday moved the top corporate tribunal to change the management of the beleaguered IL&FS. According to sources, the matter has been listed in the National Company Law…





Weak global cues depress Indian equity indices

Mumbai, Oct 1 (IANS) Decline in the global markets and heavy selling pressure on banking, auto and finance stocks pulled the key Indian equity indices lower on Monday. Market sentiments were subdued, also due to…






Dr Reddy’s sells manufacturing facility in US

Hyderabad, Oct 1 (IANS) Pharma major Dr. Reddy’s Laboratories Ltd on Monday announced the sale of its antibiotic manufacturing facility and related assets in Tennessee, US, for an undisclosed sum. The Hyderabad-headquartered company said it…





Equity indices open in red

Mumbai, Oct 1 (IANS) The key Indian equity indices opened on a negative note on Monday amidst mixed cues from the Asian markets. Heavy selling pressure was witnessed in banking, auto and financial stocks, analysts…



Tokyo stocks open mixed

Tokyo, Oct 1 (IANS) Tokyo stocks opened mixed on Monday as buying on the back of Wall Street’s rise late last week was countered by selling on concern over Italy’s deficit-widening budget plan. The 225-issue…