Monday, December 7, 2015

Some small impacts due to political pressures and random news

Delhi Govt mulls Odd Even Rule: Toll booths to be affected.

Delhi Govt wants to shut down thermal plants: NTPC affected

Manali Petro plants affected due to Chennai Floods. Will have impact on Quarter and Year.

There is a rumor that new GST will put in additional tax of 40% on tobacco. Negative for tobacco companies like ITC, Godfrey Phillips etc

Govt has introduced anti dumping duty on melamine tableware and kitchenware products from China. This will ensure a level playing field.

Pincon Spirit acquires bottling unit of Nicols at Asansol

Suven Life initiates phase 2A trial of SUVN-502 in US. This is for treatment of Alzheimer's disease.

Sun Pharma (my fav and I am biased on this) got USFDA nod for anti cancer drug Gleevec. Keep a watch on this one.



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