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"China agreed to release a relatively bigger amount if oil is above $85 a barrel, and a smaller volume if oil stays near $75 level," said one source, without elaborating.

Indus Towers shares drop 1.54% as Sensex falls

Updated at : 2022-01-14 14:20:02

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A total of 97,435 shares changed hands on the counter till 01:40PM (IST)

Aurobindo Pharma gets warning letter from USFDA

Updated at : 2022-01-14 13:20:03

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Aurobindo Pharma on Friday said it has received a warning letter from the US health regulator for its Hyderabad-based Unit I, an API (active pharmaceutical ingredient) manufacturing facility. The action follows the recent inspection of the facility by the US Food and Drug Administration (USFDA) in August 2021, the drugmaker said in a regulatory filing.

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As of 31-Dec-2021, promoters held 29.33 per cent stake in the company, while FIIs held 52.41 per cent and domestic institutional investors had 6.64 per cent.

"Another space is we are increasing our weightage is companies. There is a little bit of play on the cyclical recovery, whether it is real estate cyclical recovery or whether it is auto cyclical recovery."

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The money raised in the issue by JSW Infrastructure will be used to repay the existing debt of the company and its subsidiaries.

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RateGain Travel Technologies stock has zoomed 55 per cent from its recent low of Rs 312.35 touched on December 20. The scrip hit a new high of Rs 483.90 on Friday on BSE. The scrip rose 9 per cent on an intraday basis.

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The submission is the first time a clear position has been taken by the central bank

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A total of 4,437 shares changed hands on the counter till 01:04PM (IST).

Motherson Sumi Systems shares slide 22%; here's why

Updated at : 2022-01-14 12:45:03

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The board of auto parts maker has fixed the record date for the scheme of arrangement as Monday, January 17. According to the stock exchange intimation, existing Motherson stock will trade ex-domestic wiring harness from Friday.

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