Drug Safety Settlement
Japanese drugmaker Daiichi Sankyo Co, which bought control of Ranbaxy Laboratories in 2008, said it believes unnamed former shareholders of the company hid information regarding U.S. regulatory probes into Ranbaxy. Full Article
- Gold slips after Bernanke hints at slowing bond buys
- Soldier hacked to death in London in suspected Islamist attack
- FBI says man shot dead while being questioned about Boston bombings
- Short story writer Lydia Davis wins Man Booker International fiction prize
- British soldier hacked to death in suspected Islamist attack
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
BSE Sensex falls; ICICI Bank earnings key
Reuters Market Eye - The BSE Sensex is down 0.23 percent and the 50-share Nifty is down 0.15 percent. Trading is expected to remain volatile as Thursday is last day of derivatives expiry when traders roll over derivatives position to February series.
ICICI Bank Ltd(ICBK.NS) shares down 0.75 percent ahead of December quarter earnings. Barclays has upgraded it to 'overweight' from 'equalweight' on positive credit quality outlook.
Colgate Palmolive India Ltd(COLG.NS) shares fall 2 percent after reporting lower-than-expected volume growth at 8 percent, the lowest in the past 15 quarters.
However, Power Finance Corp Ltd (PWFC.NS) shares gain 2.6 percent after reporting a sharp improvement in margins in the October-December quarter earnings.
Indexes are heading for a third straight month of gains, the longest winning run since September 2010 when indexes gained 4 months in a row.
(Reporting by Manoj Dharra)
- Tweet this
- Share this
- Digg this