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Sensex, Nifty retrace losses; drug makers gain
The BSE Sensex and Nifty retraced some of their earlier losses in afternoon trade on Wednesday, tracking positive opening of European equities. Money was seen moving into pharmaceutical stocks like Strides Arcolab , Ranbaxy Laboratories and Piramal Healthcare on the back of drug approvals and expectations of the same. Strides Arcolab shares surged as much as 5.9 percent after it got USFDA nod

MARKET EYE-Cement stocks fall; ruling on cartelisation expected

MUMBAI (Reuters) - Stocks of cement manufacturers fell on rumors that Competition Commission of India's (CCI) ruling on alleged cartelisation by companies is expected shortly, with a negative

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Cement stocks fall; ruling on cartelisation expected

Stocks of cement manufacturers fell on rumors that Competition Commission of India's (CCI) ruling on alleged cartelisation by companies is expected shortly, with a negative verdict likely to hurt

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CCI imposes penalty on Schott Glass
New Delhi, Apr 10 (IBNS) The Competition Commission of India (CCI) has imposed a penalty of Rs.5.66 crores on Schott Glass India Private Limited (Schott India) for violating the provisions of the Competition Act.

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CII to strive for sustainable, inclusive North in FY13
Improving investment climate in the country’s north will be the key to facilitating growth and employment generation, as per the 2012-13 agenda of the Confederation of Indian Industry (CII).

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Insiders' take on reform

India’s economic growth faltered towards the end of the last decade and all hopes of touching nine per cent in 2011-12, roughly the first year of the second decade, have been dashed. With

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