Lupin bags USFDA approval for Azilsartan Medoxomil Tablets; stock rises

Lupin bags USFDA approval for Azilsartan Medoxomil Tablets; stock rises

Lupin Limited announced that the United States Food and Drug Administration (FDA) has approved its Abbreviated New Drug Application (ANDA), Azilsartan Medoxomil Tablets, 40 mg, and 80 mg, to market a generic equivalent of Azurity Pharmaceuticals, Inc.’s Edarbi Tablets, 40 mg, and 80 mg. Lupin’s facility in Nagpur, India, will manufacture the product. In the […]

Chitra says phones of staff tapped to check information leaks: Officials

Chitra says phones of staff tapped to check information leaks: Officials

Former National Stock Exchange (NSE) managing director Chitra Ramkrishna has told the Enforcement Directorate (ED) that the monitoring of phones at the bourse was done to ensure there was no leak of critical data, including passwords and reports, to the competitors, people familiar with the development said. ED has, however, countered her claims saying the […]

Rakesh Jhunjhunwala Stock: Brokerage bullish on this Tata Group firm shares despite below estimate Q1 results – here’s why

Rakesh Jhunjhunwala Stock: Brokerage bullish on this Tata Group firm shares despite below estimate Q1 results – here’s why

Rakesh Jhunjhunwala Stock: Despite below estimate first-quarter earnings in fiscal 2022-23, Prabhudas Lilladher, a domestic brokerage firm, is bullish on this Rakesh Jhunjhunwala-backed Tata Group company stock – Rallis India on the back of strong management commentary during the June-end quarter. The management remained hopeful of good monsoons however remained cautious on high channel inventory amid […]

Ajay Bagga is bullish on this sector, here’s why

Ajay Bagga is bullish on this sector, here’s why

“The good news is that legendary investors like Warren Buffett, Howard Marks have started allocation,” says market expert Ajay Bagga. The one thing that changed in the past week was FIIs turning positive on the Indian markets. Do you see this trend to be continuing going forward as well? Are you seeing the dynamics of […]

Sandeep Kapoor’s art of returns on patronage

Sandeep Kapoor’s art of returns on patronage

For one, Sequoia isn’t just another venture capital (VC) firm. Its heritage, resources, networks and success are formidable. Founded in 1972, Sequoia is a blue-blooded Silicon Valley VC firm, with $80 billion in assets under management globally. It has backed generations of technology leaders, including Atari, Apple, Google, Cisco, YouTube, Stripe, Dropbox and Airbnb. In […]

Rakesh Jhunjhunwala adds this auto stock in portfolio in Q1FY23

Rakesh Jhunjhunwala adds this auto stock in portfolio in Q1FY23

Rakesh Jhunjhunwala portfolio: After the end of Q1FY23, retail investors and market observers are busy scanning portfolio of ace Indian investors as it would give them an idea about the direction in which smart money is moving. For such investors and market observers, there is a piece of stock market news. Big Bull Rakesh Jhunjhunwala […]