23 Sep 2018 | 10:45 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

We reiterate our view positive view on Nifty and suggest continuing with “buy on dips” approach. Volatility will continue on stock specific front due to earning announcements so prefer hedged positions.
12 Jul 2018 | 07:00 AM

  • German based pharma major- Boehringer Ingelheim and Lupin announced the expansion of their partnership with plans to market two new oral anti-diabetics recently approved by the Drugs Controller General of India (DCGI) - Gibtulio Met and Ajaduo. Both these products belong to a novel class of oral anti-diabetic drugs patented in India and will be launched for the first time by an Indian company. 
  • Telecom Minister Manoj Sinha stated that the government has approved the Idea Cellular and Vodafone India merger,the sector’s biggest. However, the companies need to complete some formalities for the final closure of the deal. 
  • Tata Power announced that Tata Power Renewable Energy Ltd, the company’s wholly owned subsidiary, has received a Letter of Award from Karnataka Renewable Energy Development Ltd (KREDL) to develop 250 MW (50 MW x 5 Nos) of solar projects located in state’s Tumkur district at Karnataka.