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Новости за 17.07.2024

US Equities Extend Gains; Dow Surges To Record Closing High

Business Standard 

US investor sentiment was buoyed by expectations of Federal Reserve rate cuts, while retail sales data had minimal impact on risk appetite. The Dow jumped 742.76 points or 1.9 percent to 40,954.48, the S&P 500 climbed 35.98 points or 0.6 percent to a new record closing high of 5,667.20 and the Nasdaq rose 36.77 points or 0.2 percent to 18,509.34. In earnings news, UnitedHealth surged 6.5% after reporting better-than-expected results, also bolstering the Dow. Bank of America climbed 5.3% on earnings and revenue beats. Читать дальше...

Mahindra Life announces grant of partial denotification of notified area at Mahindra World City SEZ, Chengalpattu

Business Standard 

Pursuant to the application filed by Mahindra World City Developers (MWCDL), a subsidiary of Mahindra Lifespace Developers (Company) and the developer of the Multi sector SEZ at Mahindra World City, Chengalpattu, Tamil Nadu, the Ministry of Commerce and Industry (Department of Commerce - SEZ Section), has granted its approval for partial denotification of 42.073 hectares out of the total 288.406 hectares at Mahindra World City Special Economic Zone, Chengalpattu, Tamil Nadu.



Glenmark receives USFDA approval for Topiramate Capsules

Business Standard 

Glenmark Pharmaceuticals has received final approval by the United States Food & Drug Administration (U.S. FDA) for Topiramate Capsules USP, 15 mg and 25 mg. Glenmark's Topiramate Capsules USP, 15 mg and 25 mg has been determined by the FDA to be bioequivalent and therapeutically equivalent1 to Topamax2 Capsules, 15 mg and 25 mg of Janssen Pharmaceuticals, Inc., and will be distributed in the U.S. by Glenmark Pharmaceuticals Inc., USA.

FlixBus India boosts travel with exciting price promotion for its customers

Business Standard 

New Delhi [India], July 17: FlixBus, a global travel-tech leader of affordable and sustainable travel, announced an exciting new price promo offer aimed at expanding its travel offerings and to boost travel during the low season. The offer will cover 138 routes across 21 cities in North India.

'The Right Life' Township by MANA & Skanda Triumphs with Mixed-Use Development Award at Asia Pacific Property Awards

Business Standard 

Bengaluru (Karnataka) [India], July 17: The two powerhouses, MANA Projects and Skanda, joined hands to form Neobuild Ventures and is proud to announce that their flagship project 'The Right Life' has been honoured with the prestigious Asia Pacific Property Award for Mixed-Use Development. Winning this award is a testament to the visionary planning and execution of The Right Life, setting a new benchmark for mixed-use developments in the region.

Gujarat to launch 'Cooperation Among Cooperatives' across all districts

Business Standard 

Gujarat has successfully steered the pilot of 'Cooperation Among Cooperatives' initiative in Banaskantha and Panchmahal districts.In a landmark decision, the central government headed by Prime Minister Narendra Modi established a dedicated Ministry of Cooperation to strengthen the cooperatives nationwide, affirming the path of 'Sahkar Se Samridhhi'.According to a press release, under the successful leadership of Chief Minister Bhupendra Patel, Gujarat has successfully steered the pilot of 'Cooperation... Читать дальше...

Olympics 2024: IOA releases list of 117 athletes, 140 support staff

Business Standard 

India will be represented by 117 athletes at this month's Paris Olympics after the sports ministry cleared the final contingent that also features 140 support staff and officials, of which 72 "have been approved at cost to the Government" to meet the "requirements" of the travelling sportspersons. The only qualified athlete missing from the list is shot putter Abha Khatua. Khatua, who qualified through world rankings quota, has been dropped without any explanation after her name was found missing... Читать дальше...

US Dollar Stayed Bolstered By High Federal Funds Rate, Notes ADB

Business Standard 

Continued tight US monetary policy weighed marginally on developing Asias currencies, while regional financial conditions remained resilient, the Asian Development Bank noted in its July update. The US dollar was bolstered by a still-high US federal funds rate, investor repositioning with the delayed start to US monetary easing, and heightened geopolitical risks that fueled risk aversion. Most currencies in developing Asia weakened slightly against the US dollar, resulting in a GDP weighted average... Читать дальше...

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Suzuki frames strategy for next 10 yrs for various markets including India

Business Standard 

Suzuki Motor Corporation on Wednesday said it will focus on aspects like light body structures and usage of small batteries to power its models including electric vehicles across various markets, including India. Outlining the company's technology strategy for the next ten years, the Japanese automaker stated that compact and light vehicles not only reduce CO2 emissions during use, but also reduce the resources and CO2 emissions in production, thus contributing to resource conservation and CO2 reduction. Читать дальше...


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