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DAILY CORPORATE NEWS
RBI maintains status quo on interest rates
In line with the markets expectation RBI has kept interest rates unchanged during the 5th bi-monthly monetary policy.
Aurobindo receives USFDA approval for Risedronate Sodium Tablets
Aurobindo Pharma receives USFDA Approval for Risedronate Sodium Tablets – Positive
Aurobindo Pharma Limited has received final approval from the USFDA to manufacture and market Risedronate Sodium Tablets .This approval is an extension of tentative approval received on 10th October 2012. This product is ready for launch.
UltraTech up as foreig brokerage maintains outperform rating
UltraTech Cement gained over 2%, touching to Rs2873.95, on reports that a foreign brokerage has maintained outperform rating on the stock.
Maruti Suzuki November 2015 volumes up 9.7% YoY
Maruti Suzuki November 2015 volumes up 9.7% YoY to 120,824 units; growth rate below estimate.Maruti Suzuki reported a 9.7% YoY growth in dispatches for the month of November to 120,824 units.
Alstom India wins Indian Railways contract worth €200 mn
Alstom India wins Indian Railways contract worth more than €200 mn for electrification & signalling of DFC. Management expects multiple #India contracts of about €200 mn
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