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  • Corporate & Markets | Print Category | The Financial Express | Page 7
    steadily increasing cooperation at sea Lee Pharma plea seeking licence for Astra s diabetes drug rejected Sajan C Kumar January 26 2016 1 24 AM The country s patent office has rejected an application by Hyderabad based Lee Pharma seeking compulsory licence for making the diabetes medicine Saxagliptin Walmart may sell Patanjali products FE Bureau January 26 2016 1 16 AM Impressed by growing demand for Patanjali products from its wholesale buyers the local unit of world s largest retailer Wal Mart India HCL buys two UK firms for 8 million FE Bureau January 26 2016 1 14 AM India s fourth largest IT services exporter HCL Technologies has announced the acquisition of two UK based firms Point to Point and Point to Point Products MRF profit up 20 to Rs 388 cr in Dec quarter FE Bureau January 26 2016 1 13 AM Tyre major MRF Limited has reported a 20 growth in its net profit for the quarter ended December to Rs 388 15 crore as compared to Rs 323 51 crore Nandan Nilekani picks stake in Power2SME FE Bureau January 26 2016 1 11 AM Infosys co founder Nandan Nilekani has made an undisclosed strategic investment in Power2SME an online portal that sources raw Rane Madras acquires US firm PDC for 8 9 mn FE Bureau January 26 2016 1 10 AM Rane Madras Limited a leading auto component company has acquired the US based Precision Die Casting PDC Inc through its wholly owned subsidiary Investors bet big on commercial property Shubhra Tandon January 26 2016 1 08 AM Rental yield for commercial property is 8 11 much higher than the 2 4 yield for residential property LCV growth picks up in Oct Dec after falling for 6 months in a row Malyaban Ghosh January 26 2016 1 06 AM After registering a decline in volumes in the first six months of the current financial year the light commercial vehicle LCV segment has managed to stage a recovery since October on the back of partial recovery in the rural markets and decent growth in manufacturing sector which enhanced the need for the last mile connectivity Renault gives Kwid production a leg up Malyaban Ghosh January 26 2016 1 03 AM When French car maker Renault launched the Kwid in the domestic market in September 2015 the company had the capacity to manufacture 6 000 units of the vehicle every month at its Chennai plant No reprieve for Ashok Leyland in Viking row Sajan C Kumar January 26 2016 1 01 AM In what could be a setback to the popular Viking bus and truck chassis models of Hinduja flagship commercial vehicle major Ashok Leyland 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 242 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at

    Original URL path: http://www.financialexpress.com/print/corporate-markets/page/7/ (2016-02-08)
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  • Corporate & Markets | Print Category | The Financial Express | Page 8
    tremendous says its senior vice president for APAC Patrick Williams He believes that leveraging Autodesk s advanced and high precision design technology will be key in propelling Indian government initiatives such as Make in India Digital India and Smart Cities Autodesk Securing our smart infrastructure Mohd Ujaley January 26 2016 7 07 PM Embedding security at every stage of the Digital India and Smart Cities initiatives is essential to protect our critical infrastructure from cyber attacks Metals Mining outlook Price recovery to get delayed Kotak Institutional Equities January 25 2016 1 35 AM The devaluation of yuan strong US dollar weak global demand and large inventories will make the recovery gradual especially for aluminium and steel Buy rating on Hindustan Unilever Volumes grow despite headwinds Ambit Capital January 25 2016 1 40 AM HUL to gain the most from direct benefit transfer of rural subsidies in FY17 India strategy Outlook 2016 Stock markets may yield in range of 15 25 Nomura January 25 2016 7 06 AM The year 2015 disappointed hugely The sharp turn for the worse in global growth and commodities led to a significant correction in earnings Hold rating on Kotak Mahindra Bank Integration on track in Q3 HSBC January 25 2016 1 43 AM With a strong balance sheet and ample capital KMB s prospects are good Overweight rating on Reliance Industries The 50th quarter Barclays January 25 2016 1 45 AM Reliance is thriving in the current macro even as 17 bn in new projects may lift Ebitda 44 to 9 4 bn in FY16 18 Looking local Snapdeal Quikr Hike others launch vernacular language support Kunal Doley January 23 2016 11 54 PM Start ups are going all out to bridge the digital divide and make their platforms more accessible to users in non metro areas by offering vernacular content Sugar output may drop 8 in 2015 16 Isma FE Bureau January 23 2016 1 48 AM Industry body revises downwards the production estimate by 1 million tonne to 26 MT citing deficient monsoon FCI sells 5 MT of wheat in open market so far Sandip Das January 23 2016 1 46 AM With more than 3 lakh tonne of wheat being disposed of each week since December the Food Corporation of India FCI has sold 5 2 million tonne of grain to bulk buyers under the Open Market Sale Scheme OMSS so far Fury over rubber prices refuses to subside M Sarita Varma January 23 2016 1 45 AM Even though the Centre has imposed a ban on free imports of natural rubber NR much to the consternation of the tyre industry rubber farmers are hardly mollified 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 242 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi

    Original URL path: http://www.financialexpress.com/print/corporate-markets/page/8/ (2016-02-08)
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  • Corporate & Markets | Print Category | The Financial Express | Page 9
    so far in January Infosys only Sensex constituent to buck declining trend in 16 Pavan Burugula January 22 2016 11 43 PM Buoyant stock performance of Infosys has helped the software giant to surpass its rival TCS in terms of valuations for the first time in the last five years Startup India Modi govt s action plan fails to meet VCs expectations Hita Gupta January 22 2016 1 21 PM Startup India Prime Minister Narendra Modi s 19 point action plan on start ups has failed to meet the expectation of some venture capitalists and new start ups Many start ups may not be able to leverage from the tax holiday for first three years as they barely report profits in the first few years of operations FreeCharge to launch virtual debit card FE Bureau January 22 2016 1 21 AM With e retailers blocking out wallets that aren t their own wallet companies that want their customers to be able to transact across platforms are launching virtual debit cards Hindustan Zinc Q3 net falls 24 FE Bureau January 22 2016 1 20 AM Lower income as a result of subdued prices coupled with higher expenses caused Hindustan Zinc s net profit fall by 24 for the October December quarter to R1 811 crore compared with R2 379 crore a year earlier Reliance Jio Infocomm in advanced talks with BSNL for network sharing pact Sanjay Singh January 22 2016 10 28 AM Reliance Jio Infocomm RJIL is in advanced stage of talks with state run telecom company Bharat Sanchar Nigam Limited BSNL to use latter s network and infrastructure largely for voice operations across all 22 telecom circles under an arrangement called intra circle roaming IndiGo continues to lead growth charts in December FE Bureau January 22 2016 9 34 AM Low cost airline IndiGo maintained its leadership position in the domestic aviation sector by carrying 27 43 lakh passengers in December IndiGo Q3 net rises 24 to Rs 657 crore FE Bureau January 22 2016 1 17 AM Interglobe Aviation which controls the country s biggest airline by market share IndiGo Airlines on Thursday reported a 23 65 y o y increase in net profit to Rs 657 29 crore during the October December quarter on the back of significant decrease in fuel costs and increased passenger revenues Ecommerce attrition rate in India at a whopping 50 60 FE Bureau January 22 2016 3 09 PM Ecommerce attrition rate in India Faced with stiff competition in the in the e commerce and hyprelocal delivery segment the industry is facing 50 60 staff attrition according to industry experts Michelin enters scooter tyre market FE Bureau January 22 2016 1 12 AM Michelin tyre technology leader on Thursday announced its entry into the scooter tyre market in India with the launch of Michelin City Pro tyres for scooters and motorcycles of up to 150cc 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

    Original URL path: http://www.financialexpress.com/print/corporate-markets/page/9/ (2016-02-08)
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  • Corporate & Markets | Print Category | The Financial Express | Page 10
    of its cement and roads portfolios by the end of March and raise around Rs 14 000 crore a top company official said on Wednesday Offshore Indian rupee NDF market gains momentum led by global turmoil FE Bureau January 21 2016 2 35 AM The offshore rupee non deliverable forwards NDF market has gained momentum led by global turmoil with the one month and the three month NDF hitting September 2013 lows South Indian Bank Q3 net up 15 6 to R101 63 crore FE Bureau January 21 2016 12 52 AM South Indian Bank on Wednesday reported a year on year rise of 15 6 in its net profit for the December quarter to Rs 101 63 crore led by a rise in net interest income NII Banks to convert large part of AMW debt into equity FE Bureau January 21 2016 12 49 AM Bankers have decided to convert a large portion of loans given to trucks manufacturer AMW Motors into equity using the RBI s strategic debt restructuring SDR tool sources told FE Lenders to acquire 65 in Alok Industries using SDR FE Bureau January 21 2016 2 37 AM Lenders to Alok Industries have decided to acquire a 65 stake in the company using the Reserve Bank of India s RBI strategic debt restructuring SDR scheme the company said in a BSE filing Axis Bank Q3 net grows 15 to Rs 2 175 crore FE Bureau January 21 2016 12 42 AM Axis Bank on Wednesday reported a 14 5 rise in its third quarter net profits at R2 175 30 crore compared to the same period last year Many equity schemes outperform markets in 1 year FE Bureau January 21 2016 12 34 AM In the last one year the Indian equity markets were down by around 16 but many of the equity schemes managed to outperform the broader markets Investing into quality companies and specific stock selection helped fund managers generate strong returns FPIs exit equities at 100 m per day so far this year Josephine John January 21 2016 12 31 AM As the market correction has intensified foreign portfolio investors FPIs sold nearly 100 million worth equities per day in the past 14 trading sessions N R Narayana Murthy led panel seeks favourable tax regime for VCs PEs FE Bureau January 21 2016 12 28 AM The committee on alternative investment funds AIFs led by Narayana Murthy has proposed a slew of reforms to the existing regulations pertaining to venture capital and private equity PE funds Reduce on Wipro target price Rs 585 Kotak Institutional Equities January 21 2016 12 27 AM Wipro s headline numbers were in line with our estimates Maintain buy on Asian Paints target Rs 990 Edelweiss January 21 2016 12 24 AM Asian Paints APL Q3FY16 numbers were strong with a line by line beat versus our estimates BSE market cap falls Rs 10 lakh cr in 2016 so far Pavan Burugula January 21 2016 11 07

    Original URL path: http://www.financialexpress.com/print/corporate-markets/page/10/ (2016-02-08)
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  • Corporate & Markets | Print Category | The Financial Express | Page 11
    on Tuesday reported its highest ever quarterly turnover of 29 in Q3FY16 at Rs 6 042 crore with the addition of new stores and increase in same store sales XBRL aims at bringing accountability transparency R Jai Krishna January 20 2016 12 32 AM XBRL or eXtensible Business Reporting Language is an open licensing global standard on reporting financial and other information that aims to help countries and corporates Insurers for tax exemptions on home shopkeeper policies Chirag Madia January 19 2016 11 48 PM In the last few years profits of general insurance companies took a hit as a result of severe natural calamities floods in Tamil Nadu and Jammu Kashmir and the cyclone Hud Hud Maintain hold on Kotak bank target Rs 666 HSBC HSBC January 19 2016 11 46 PM Kotak Mahindra Bank KMB is now in the final stages of fully integrating the operations of e IVB erstwhile ING Vysya Bank with itself with the final pieces Maintain reduce on Asian Paints target Rs 800 Kotak Institutional Equities Kotak Institutional Equities January 19 2016 11 45 PM Asian Paints APNT delivered a quarter of healthy volume growth despite one off factors impacting sales in South India 3 firms plan to tap markets in a month to raise Rs 3 300 cr FE Bureau January 19 2016 11 43 PM Volatility in the equity markets has not deterred companies from raising funds through primary market offerings FPSF moves SC against Sebi nod to Imfi to act as self regulatory body Indu Bhan January 19 2016 11 40 PM The Financial Planning Supervisory Foundation FPSF has moved the Supreme Court against markets regulator Sebi s in principle approval to the Institution for Mutual Fund Intermediaries Sugar production increases 7 pct to 110 9 lakh tonne ISMA FE Bureau January 20 2016 2 58 PM 488 mills in operation in current marketing year till January 15 Coffee growers begin year on a bitter note Mahesh Kulkarni January 20 2016 3 08 PM The year 2016 has begun on a disappointing note for coffee growers in India as farm gate prices of the beans have declined by 25 owing to availability of better crop globally Changing climate gives anxious moments to Maha flower growers Nanda Kasabe January 20 2016 3 32 PM Even as flower growers in Maharashtra are expecting a good season for the Velentine s Day next month the changing climate is giving them some anxious moments 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 242 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its

    Original URL path: http://www.financialexpress.com/print/corporate-markets/page/11/ (2016-02-08)
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  • Corporate & Markets | Print Category | The Financial Express | Page 242
    Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb SAGITTARIUS Your choices are perfectly clear Loved ones or close companions may be unreasonable but there is probably no escape from emotional tension What you can do however is make a conscious decision to treat all differences of read more Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week say experts while blue chips SBI and ONGC are also lined up to release their third quarter earnings numbers Sensex end 278 points up on value buying Lupin Vedanta shares surge Top 10 stocks that trended in today s trade Jindal Steel Lupin and more RBI to buy back inflation indexed bonds maturing in 2023 Mutual Fund AUM falls for third straight month in January Companies 2016 02 07 11 47 07 India Post to invest Rs 322 crore to augment parcel capacity In a bid to strengthen its position in the e commerce market India Post has proposed to invest Rs 322 crore till 2019 20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1 608 crore Facebook bans pages selling medical marijuana in US Aamir Khan loses Snapdeal contract Lupin Q3 net profit dips 12 per cent to Rs 530 crore BSE Institute announces launch of new zone for startups Economy 2016 02 06 19 54 52 Arun Jaitley asks states to step up infra social sector spending Finance Minister Arun Jaitley today said he expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them Govt approves Rs 17 000 cr highway projects for 9 states Open to idea of separate mechanism for broadcasting cases Arun Jaitley Fattening MGNREGA is a national shame not

    Original URL path: http://www.financialexpress.com/print/corporate-markets/page/242/ (2016-02-08)
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  • Print: Biocon set to seek US FDA approval for biosimilars – The Financial Express - Page 99
    products The addressable market for Biocon in these countries is more than 30 billion These filings should provide us with an early mover advantage for these products in these key developed markets Mazumdar Shaw said She said Biocon will be filing for regulatory approvals in these markets in a phased manner during 2016 for four biosimilars Trastuzumab to treat breast cancer Pegfilgrastim for chemo induced Neutropenia Adalimumab for chronic plaque psoriasis and Insulin Glargine The company has made huge investments on research and development to develop biosimilars along with Mylan It entered into a partnership with Mylan in 2009 for joint research and development of a variety of biosimilar molecules for global markets As an innovation led company high R D spends are inherent to our business We have said our biosimilars programs for Trastuzumab Pegfilgrastim Adalimumab and Insulin Glargine continue to cross critical milestones in global phase III clinical trials Mazumdar Shaw said Biocon invested R169 crore in FY14 and R329 crore in FY15 in R D In the first nine months of FY16 gross R D expenses stood at R275 crore However she refused to comment on the exact timeline for securing approvals in the US and the EU It s extremely difficult for us to predict regulatory timelines but we are confident of being among the first wave of biosimilars players to enter global markets she said We are planning to have four filings in this year As far as the approval timelines are concerned we do not wish to comment on that at this stage but safe to say it would take probably a year or longer Arun Chandavarkar CEO joint MD of Biocon recently said during an analyst call Biocon has made significant amount of investment on setting up new factories to manufacture new biosimilar

    Original URL path: http://www.financialexpress.com/article/industry/companies/biocon-set-to-seek-us-fda-approval-for-biosimilars/208584/99/print/ (2016-02-08)
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  • Print: Letters to the editor – The Financial Express - Page 99
    annually A restriction on registration of new vehicles can be imposed by limiting the numbers of vehicle per family making it dependent on adequate parking space within their house compound Old vehicles which do not confirm to present pollution norms should be scrapped for recycling Metro is the best most pollution free alternative As per feedback received the number of bogies may be increased on routes found overcrowded during odd

    Original URL path: http://www.financialexpress.com/article/india-news/letters-to-the-editor-361/208580/99/print/ (2016-02-08)
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