Wednesday, December 9, 2015

9th Dec - GST passing looks slim....and other news

Uproar continues in parliament and GST Bill in limbo. Chances of passage is very slim.

Aurobindo pharma gets USFDA nod for oral contraceptives.

Dr Reddy's replies to the USFDA concerns. Venezuela has stopped outflow of dollars. Some 2-3% stuck for Dr Reddys.

Oil Prices may go even lower: IEA (International Energy Agency)

Good news for Cheviot - Govt approves mandatory jute packaging for sugar and foodgrains.

USL seeks shareholders nod to provide corporate guarantee for 100 Cr loan that Pioneer distilleries is seeking from Standard chartered bank.

Alkem IPO oversubscribed by 1.41 times (2nd day)

BHEL - No plans of divestment at the moment. Relief rally.

Eicher motors loss of 11000 units due to chennai floods.

US Senators introduce legislation to cut H1 B visas by 15k. Infosys/HCL/TCS hurt.




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