Market Watch

Business News

Jet Airways suspends international operations until April 15; receives some more EoIs as deadline ends

Last Updated : Apr 12, 2019 09:47 PM IST | Source: Moneycontrol.com There are no funds to continue the international operations, say company officials ‘); $(‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $(‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $(‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] =…

World News

Elon Musk’s SpaceX sends world’s most powerful rocket on first commercial flight

(Reuters) – The most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida in a key demonstration for billionaire entrepreneur Elon Musk’s space company in the race to grasp lucrative military launch contracts. The 23-story-tall Heavy, which previously launched Musk’s cherry red Tesla roadster to space…

Business News

U.S. criticizes Vietnam ban of glyphosate herbicide imports

CHICAGO/HANOI, April 11 (Reuters) – U.S. Secretary of Agriculture Sonny Perdue on Thursday criticized Vietnam’s move to ban imports of glyphosate herbicide, saying the decision would have “devastating impacts on global agricultural production.” Vietnam’s government said in a statement that the toxic level of herbicides containing glyphosate had long been of concern, in the latest…

Finance Update

sebi: Sun Pharma’s senior exec, wife settle insider trading case with Sebi

Mumbai: Sun Pharmaceutical Laboratories’s former chief executive Abhay Gandhi and his wife Kiran have settled insider trading case with market regulator Sebi by paying a total of Rs 70 lakh as settlement charges. Sun Pharma Laboratories is a wholly-owned subsidiary of Sun Pharma. Currently, Gandhi is CEO of Sun Pharma’s North America business. Sun Pharma…

Finance Update

Trade setup for Thursday: Trade setup: Nifty50 has limited upside, likely to remain sluggish

The domestic stock market witnessed unwinding and underwent classical correction on Wednesday, as NSE Nifty fell over 110 points from the day’s high to end 0.75 per cent lower. We expect a flat to negative start on Thursday, and the session may remain volatile due to weekly index options expiry. However, compared with the past…

Business News

Reckitt plays down Indivior risk to infant formula business

LONDON (Reuters) – Reckitt Benckiser Group on Wednesday sought to play down any potential impact to its infant formula business from U.S. litigation against Indivior, which it used to own, saying the risk was theoretical and unlikely. The U.S. Justice Department has accused British drugmaker Indivior of illegally boosting prescriptions for its blockbuster opioid addiction…

Finance Update

mutual fund: Sebi comes up with system audit framework for AMCs/MFs, asks to form technology committee

The guidelines come after “considering the importance of system audit in technology driven asset management activity and to enhance and standardise the system audit”.PTI|Apr 11, 2019, 07.38 PM ISTBCCLThe regulator has asked MFs and AMCs to conduct system audit on an annual basis by an eligible independent auditor.New Delhi: Markets regulator Sebi Thursday came out…

Business News

EU mergers and takeovers (April 11)

BRUSSELS, April 11 (Reuters) – The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — French nursing home operator Financiere Colisee to acquire sole control over Belgian nursing home operator Armonea Group (approved April 10) NEW LISTINGS — Czech energy company EPH…