hi Research Headlines - Keeping children safe in stressful times By ec.europa.eu Published On :: Mon, 27 Apr 2020 00:00:00 GMT [Source: Research & Innovation] A free parenting programme based on EU-funded research has won a 2019 Horizon Impact Award for its success in helping families to avoid child abuse in low-and middle-income countries. Now parents everywhere can access online tips to cope with COVID-19 lockdown life. Full Article EUBudget4Results
hi Research Headlines - Enlisting feathered friends to fight illegal fishing By ec.europa.eu Published On :: Wed, 06 May 2020 00:00:00 GMT [Source: Research & Innovation] Illegal fishing destroys marine habitats and threatens species living at sea. An EU-funded project is helping authorities to crack down on these operations by developing the world's first seabird ocean-surveillance system. Full Article EUBudget4Results
hi Tax-News.com: India Seeking To Bury Legacy Indirect Tax Disputes This Year By www.tax-news.com Published On :: Fri, 30 Aug 2019 00:00:00 GMT India will launch its legacy dispute scheme starting September 1, 2019. Full Article
hi Tax-News.com: Dutch Beneficial Ownership Register Effective 2020 By www.tax-news.com Published On :: Mon, 15 Apr 2019 00:00:00 GMT The Dutch Government has confirmed that a registry of ultimate beneficial owners of companies will enter into force in the Netherlands from January 2020. Full Article
hi Tax-News.com: Abolishing Aviation Tax Would Boost German Economy, Says Report By www.tax-news.com Published On :: Wed, 25 Oct 2017 00:00:00 GMT A new study by PwC has concluded that abolishing Germany's flight ticket tax would provide a substantial boost to the German economy. Full Article
hi J.B.CHEMICALS at 52 Week High; BSE 500 Index Up 2.0% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 09:23 AM Posted by Equitymaster J.B.CHEMICALS share price has hit a 52-week high at Rs 625 (up 2.0%). Meanwhile, the BSE 500 Index is at 12,146 (up 1.7%). Among the top gainers in the BSE 500 Index today are J.B.CHEMICALS (up 2.0%) and ICICI SECURITIES LTD (up 10.5%). CYIENT (down 5.6%) and RELIANCE CAPITAL (down 5.0%) are among the top losers today. Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 625, registering a gain of Rs 294 (up 87.64%). The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months. The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 435.7%), ABBOTT INDIA (up 145.8%) and NAVIN FLUORINE (up 122.8%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.8%). The top gainers among the BSE Sensex stocks today are HUL (up 3.0%), INDUSIND BANK (up 2.9%) and BAJAJ FINANCE (up 2.8%). Other gainers include AXIS BANK (up 2.7%) and RELIANCE IND. (up 2.5%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI. In the meantime, NSE Nifty is at 9,383 (up 1.5%). DR. REDDYS LAB (up 4.1%) and INDIABULLS HOU. FIN. (up 3.8%) are among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved up from 38,277 to 32,089, registering a gain of -6,188 points (up -16.4%).J.B.CHEMICALS Financial Update...J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.Revenue of the company grew 3.3% to Rs 14 billion during FY18. The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.0x. p >This article (J.B.CHEMICALS at 52 Week High; BSE 500 Index Up 2.0% ) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
hi Sensex Opens Over 500 Points Higher; Metal and Banking Stocks Rally By feeds.equitymaster.com Published On :: Fri, 8 May 2020 04:00:00 GMT Posted by Equitymaster Asian stock markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.6% while the Hang Seng is up 0.9%. The Nikkei 225 is trading up by 1.8%. Wall Street's indices climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by the coronavirus-induced economic downturn.Trends on SGX Nifty indicated a positive opening for the index in India with a 91 points gain.India share markets opened higher. The BSE Sensex is trading up by 542 points while the NSE Nifty is trading up by 158 points. The BSE Mid Cap index and BSE Small Cap index opened up by 0.9% and 0.6% respectively.All sectoral indices are trading in green with metal stocks and banking stocks witnessing maximum buying interest. --- Advertisement --- FREE Guide for You: Find the Next Crorepati Stock in this Futuristic IndustryTanushree Banerjee, the co-head of research, just shared her latest guide: Find the Next Crorepati Stock in this Futuristic Industry And she has agreed to make it available for free for a limited time. If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing... Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run. She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit' We expect this to a huge event... with more than 10,000 people attending it LIVE. You simply can't miss it. Click Here to Download the Guide & Block Your Seat Now. It's Free. ------------------------------ Note that the�coronavirus impact�has shaken markets worldwide. For the�BSE Sensex, FY20 was the second worst year post FY08, the year of the global financial crisis.Good Time to Start Investing Now? Naturally, there is an atmosphere of fear all round.Is it time to sell stocks now? Will the correction get worse?History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.If you can�find good businesses�that can survive the current crisis, you will do well in the long run.Moving on, the rupee is currently trading at 75.57 against the�US$. --- Advertisement --- Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event. And with the corona crash, this opportunity has only become even more exciting. And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run. So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours. Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE. Click here to find out how you can claim your FREE copy ------------------------------ Gold prices are currently trading up 1.7% at Rs 46,161.Gold prices in India edged lower in yesterday's trade though it remained in a narrow range.On MCX, June gold futures fell about Rs 30 to Rs 45,340 per 10 gram, extending losses to the third day.Gold prices had fallen about Rs 426 per 10 gram in the previous session. Silver futures also gave up early gains and were down 0.1% to 41,803 per kg.In global markets, gold prices edge higher today after a sharp fall in the previous session.Spot gold climbed 0.3% to US$1,690.19 per ounce, after a 1% fall in the previous session. Despite bleak economic data, the dollar's strength is weighing on gold.The US dollar today touched a more than one-week high against a basket of major currencies. Besides firmer dollar, some bullion refineries restarted have production, easing supply-side concerns.Moving on to mutual funds sector. Investors pumped Rs 837.8 billion in equity-oriented mutual fund (MF) schemes in FY20, registering a decline of 25% from the Rs 1.11-trillion inflows in the preceding year.However, this was the sixth successive year of net inflows in equity mutual funds, according to data by the Association of Mutual Funds in India.The flows into equity funds in the last fiscal were lower than the flows in 2018-19 primarily because of the equity markets displaying volatility, which made some investors take a break from making fresh equity investments.Net inflows in these funds were Rs 1.7 trillion in FY18, Rs 703.7 billion in FY17, Rs 740.2 billion in FY16, and Rs 710.3 billion in FY15. However, they had witnessed a net outflow of Rs 92.7 billion in FY14.To know what's moving the Indian stock markets today, check out the most recent�share market updates here.This article (Sensex Opens Over 500 Points Higher; Metal and Banking Stocks Rally) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
hi J.B.CHEMICALS at All Time High; BSE HEALTHCARE Index Up 1.3% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 09:59 AM Posted by Equitymaster J.B.CHEMICALS share price has hit an all-time high at Rs 635 (up 4.2%). Meanwhile, the BSE HEALTHCARE Index is at 15,318 (up 1.3%). Among the top gainers in the BSE HEALTHCARE Index today are J.B.CHEMICALS (up 4.2%) and ABBOTT INDIA (up 0.3%). CADILA HEALTHCARE and DISHMAN CARBOGEN AMCIS LTD (down 0.1%) are among the top losers today. Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 635, registering a gain of Rs 304 (up 91.7%). The BSE HEALTHCARE has moved up from 14,034 to 15,318, registering a gain of 1,284 points (up 8.7%) during the last 12 months. The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 145.2%), J.B.CHEMICALS (up 91.7%) and IPCA LABS (up 62.9%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.4%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 4.3%), HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.9%). Other gainers include ICICI BANK (up 2.8%) and BAJAJ FINANCE (up 2.4%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK. In the meantime, NSE Nifty is at 9,383 (up 1.3%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 3.9%), INDIABULLS HOU. FIN. (up 3.6%) and INDUSIND BANK (up 3.6%). Other gainers include HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.8%). Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of -6,188 points (up -16.7%).J.B.CHEMICALS Financial Update...J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.Revenue of the company grew 3.3% to Rs 14 billion during FY18. The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.4x. p >This article (J.B.CHEMICALS at All Time High; BSE HEALTHCARE Index Up 1.3%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
hi Indian Indices Trade Higher; Reliance Industries & ICICI Bank Top Gainers By feeds.equitymaster.com Published On :: Fri, 8 May 2020 12:30 pm Posted by Equitymaster Share markets in India are presently trading on a positive note. Benchmark indices advanced today tracking firm global cues.Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.The BSE Sensex is trading up by 524 points while the NSE Nifty is trading up by 146 points.The BSE Mid Cap index and the BSE Small Cap index are trading up by 0.9% and 0.7%, respectively.Sectoral indices are trading mixed with stocks in the energy sector and telecom sector witnessing buying interest, while power stocks are witnessing selling pressure.The rupee is currently trading at 75.44 against the US$.Gold prices are currently trading down by 0.1% at Rs 46,134. --- Advertisement --- FREE Guide for You: Find the Next Crorepati Stock in this Futuristic IndustryTanushree Banerjee, the co-head of research, just shared her latest guide: Find the Next Crorepati Stock in this Futuristic Industry And she has agreed to make it available for free for a limited time. If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing... Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run. She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit' We expect this to a huge event... with more than 10,000 people attending it LIVE. You simply can't miss it. Click Here to Download the Guide & Block Your Seat Now. It's Free. ------------------------------ Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.You would be interested in knowing when the market will likely bottom out.Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.You can check the same here - This is When the Stock Market Will Bottom OutMoving on, market participants are tracking Shree Cement share price, TCI Express share price, and SBI Cards and Payment Services share price as these companies are scheduled to announce their March quarter results (Q4FY20) later today.You can read our recently released Q4FY20 results of other companies here: Ambuja Cement, IndusInd Bank, Axis Bank, Tech Mahindra, Reliance Industries, Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems, SKF India.In news from the banking sector, public sector banks (PSBs) sanctioned loans worth Rs 5.66 lakh crore for the March-April period to 41.81 lakh accounts, according to the finance ministry.The borrowers represented the micro small and medium sized enterprises (MSMEs), retail, agriculture and corporate sectors.Reportedly, PSB loans amounting to Rs 265 billion have been sanctioned in 2.37 lakh cases for MSMEs.This is part of the PSB initiative to prioritise pre-approved emergency credit lines and enhanced working capital requirements to the sector. --- Advertisement --- Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event. And with the corona crash, this opportunity has only become even more exciting. And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run. So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours. Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE. Click here to find out how you can claim your FREE copy ------------------------------ Meanwhile, PSBs sanctioned loans worth Rs 773.8 billion to non-banking financial companies (NBFCs) and housing finance companies (HFCs) between March 1 and May 4.Including the Reserve Bank of India's (RBI) targeted long term repo operations (TLTRO) window, PSBs extended Rs 1.08 lakh crore of financing to ensure business stability and continuity.The finance ministry said that the three-month loan moratorium facility announced by the RBI has been availed by 3.2 crore PSB accounts.On Thursday, Finance Minister Nirmala Sitharaman said that the Indian economy is poised to recover from the recent crisis brought upon by the coronavirus pandemic with PSB sanctioning loans worth Rs 5.66 lakh crore in just two months.Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.This is evident from the chart below:India's Huge Lending Opportunity Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.Here's what Tanushree Banerjee wrote about this in one of the editions of The 5 Minute WrapUp...Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.The Modi government is looking at various ways to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this megatrend.Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.As per her, now is the right time to buy these stocks to profit from the Rebirth of India. You can read about them here.Moving on to news from the FMCG sector, shares of Hindustan Unilever (HUL) rose 4% today after institutional investors bought stake in the company via open market on Thursday.The NSE bulk deal data showed that foreign portfolio investor Societe Generale, a French multinational investment bank and financial services company, bought 129 million shares of HUL at an average price of Rs 1,902.UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals, yesterday.According to the term sheet, over 133 million shares were offered in the range of Rs 1,850-1,950 to investors through a special block window.The deal is valued roughly between Rs 246 billion to Rs 259 billion.Note that last week, HUL reported a 7% decline in volumes in Q4FY20. The company's profit before tax fell 10.6% to Rs 19.9 billion, while net profit declined 1.2% year-on-year (YoY) to Rs 15.2 billion.HUL share price is presently trading up by 3%.To know more about the company, you can HUL's latest result analysis on our website.And to know what's moving the Indian stock markets today, check out the most recent share market updates here.This article (Indian Indices Trade Higher; Reliance Industries & ICICI Bank Top Gainers) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
hi Sensex Ends 199 Points Higher; Energy and FMCG Stocks Witness Buying By feeds.equitymaster.com Published On :: Fri, 8 May 2020 10:30:00 GMT Posted by Equitymaster Indian share markets ended their trading session on a positive note today.Benchmark indices edged higher, tracking overnight gains in the US market and positive Asian stock markets.Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.At the closing bell, the�BSE Sensex�stood higher by 199 points (up 0.6%) and the�NSE Nifty�closed higher by 52 points (up 0.6%).SGX Nifty�was trading at 9,260, up by 64 points, at the time of writing.The BSE Mid Cap�index ended up by 0.1%, while the�BSE Small Cap�index ended the day down by 0.5%.On the sectoral front, gains were seen in the energy sector and FMCG sector, while power stocks witnessed selling pressure.Asian stock markets�finished on a strong note as of the most recent closing prices.The�Hang Seng�was up 1% and the Nikkei was trading higher by 2.6%. The Shanghai Composite was up 0.8%.European markets were trading on a positive note. The DAX was trading up by 0.8%, while the CAC 40 was trading up by 0.7%.The rupee was trading at 75.55 to the US$ at the time of writing.Gold prices�are currently trading up by 0.2% at Rs 46,274. --- Advertisement --- FREE Guide for You: Find the Next Crorepati Stock in this Futuristic IndustryTanushree Banerjee, the co-head of research, just shared her latest guide: Find the Next Crorepati Stock in this Futuristic Industry And she has agreed to make it available for free for a limited time. If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing... Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run. She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit' We expect this to a huge event... with more than 10,000 people attending it LIVE. You simply can't miss it. Click Here to Download the Guide & Block Your Seat Now. It's Free. ------------------------------ Speaking of the current stock market scenario, Indian stock markets have seen a stunning recovery over the last 5 weeks.From its all-time high levels of 42,274 touched on January 20 this year, the Sensex crashed 39% to a multi-year low at 25,639 on March 23. Later, the index made a rapid recovery till April 30 as it added 4,250 points.Thereafter, in just two sessions of this month, Sensex lost 7%.Excluding this week's 7% fall, of all the rebounds after a 35%-40% fall in the market, the current one has been the biggest by a distance.This is evident from the chart below:Sensex: From Bear to Bull in 30 DaysWhile the Sensex has rebounded sharply, there are still many stocks out there that are trading at attractive valuations.Co-head of research at�Equitymaster, Rahul Shah, believes this is a good time to get into stocks, even if you missed the rally because the market is fairly valued.History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.If you can�find good businesses�that can survive the current crisis, you will do well in the long run. --- Advertisement --- Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event. And with the corona crash, this opportunity has only become even more exciting. And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run. So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours. Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE. Click here to find out how you can claim your FREE copy ------------------------------ Moving on, market participants were tracking�Shree Cement share price,�TCI Express share price, and�SBI Cards and Payment Services share price�as these companies announced their March quarter results (Q4FY20) today.You can read our recently released Q4FY20 results of other companies here:�Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�Reliance Industries,�Marico,�Kansai Nerolac,�NIIT Technologies,�Persistent Systems,�SKF India.In news from the banking sector, RBL Bank share price was in focus today.The private lender on Thursday reported a 54% decline in its March quarter net profit to�Rs 1,143 million on the back of higher provisions.The bank's total provisions trebled on a year-on-year (YoY) basis and stood at�Rs 6.1 billion in Q4FY20. It holds�Rs 1,079.5 million of provisions in excess of what RBI has mandated for covid-19 related moratorium.The lender logged a 37% YoY growth in its operating profit at Rs 7.7 billion compared to Rs 5.6 billion a year ago.The bank's total revenue jumped 33% YoY to Rs 15.2 billion from Rs 11.5 billion reported in Q4FY19.RBL Bank's net interest margin (NIM) stood at 4.93% in the March quarter. Its net interest income (NII) grew 38% YoY to�Rs 10.2 billion in Q4FY20.The bank's deposits fell 1% to�Rs 578.1 billion in Q4FY20. Current and savings account (Casa) deposits grew 17% and 2% sequentially to�Rs 171.1 billion in the March quarter.The private lender's advances increased 7% to�Rs 580.2 billion.For the financial year 2019-20, the bank's total income stood at Rs 55.4 billion, up 39% YoY from Rs 39.8 billion, while its operating profit jumped 42% YoY to Rs 27.5 billion.To know more, you can read RBL Bank's Q4FY20 result analysis on our website.Moving on to news from the pharma sector, shares of Dr Reddy's Laboratories rallied 8% today to hit a 52-week high of Rs 4,132, after the company received the Establishment Inspection Report (EIR) from US health regulator for its manufacturing plant at Srikakulam.In a regulatory filing, the company said it has received EIR from the US Food and Drug Administration (USFDA), for the Active Pharmaceutical Ingredients (API) manufacturing plant at Srikakulam, Andhra Pradesh (CTO VI).The site was issued warning letter in November 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now.Dr Reddy's Laboratories share price ended the day up by 3.8%.In other news, Laurus Labs share price witnessed selling pressure today. Stock of the company�slipped 10% today after more than 30 million equity shares of the pharmaceutical company changed hands via multiple block deals.As much as 19.1 million shares were traded on BSE, while on the National Stock Exchange (NSE), about 15.3 million shares changed hands.Last week, the company had reported its consolidated net profit at Rs 1.1 billion, which more than doubled from Rs 430 million reported in the year-ago quarter.The company's board also recommended for the sub-division of equity shares of the company from existing face value of Rs 10 each to face value of Rs 2 each, subject to regulatory approvals.Speaking of the pharma sector, in December 2019, co-head of Research at�Equitymaster, Tanushree Banerjee had predicted that pharma could be the sector to see a�big rebound in 2020.And rightly so, most�pharma companies�have re-emerged as the safer bets for investors in the ongoing market turmoil. Last month, the Indian rupee touched a new record low of Rs 76.92 against the US dollar. Most�pharma companies�generate their revenues through exports. Hence, a depreciating rupee is a positive development for them.As per Tanushree, in a�post Covid-19 world, healthcare expenditures globally will see a big rejig.Tanushree has her eyes on an exciting tech stock. The company in question is developing its medical division. It's focusing on telemedicine, which Tanushree believes will be a huge growth driver in a post Corona world.Looking at the potential upside in the stock, over a period of five to ten years, Tanushree believes investors could become a�One Stock Crorepati.To know what's moving the Indian stock markets today, check out the most recent�share market updates here.This article (Sensex Ends 199 Points Higher; Energy and FMCG Stocks Witness Buying) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
hi Tax-News.com: OECD Personal Tax Burden Crept Higher Still In 2017 By www.tax-news.com Published On :: Fri, 27 Apr 2018 00:00:00 GMT Belgium, Denmark, and Germany have the highest personal income tax burdens, at over 35 percent, among OECD countries, according to the latest OECD Taxing Wages report, which says that just over half of countries made small increases to their average personal tax rates last year. Full Article
hi Tax-News.com: South Africa Guides On Impact Of April VAT Hike By www.tax-news.com Published On :: Wed, 28 Feb 2018 00:00:00 GMT South Africa has issued a guide on the value-added tax rate increase to 15 percent from 14 percent due to take effect from April 1, 2018. Full Article
hi Facebook and Google to allow most employees to work from home until end of this year By www.businesstoday.in Published On :: Fri, 08 May 2020 12:31:48 GMT Owing to the coronavirus pandemic, tech giants Facebook and Google will allow the majority of their employees to work from home. Full Article
hi Coronavirus impact: Smartphone shipments to dip 48% in June quarter By www.businesstoday.in Published On :: Fri, 08 May 2020 16:45:41 GMT COVID-19 will lead to fundamental, and possibly, permanent behavioural changes in the way people shop, consume media and how they regard the brands they do business with, said Prabhu Ram of CMR Full Article
hi Xiaomi Mi 10 vs OnePlus 8 Pro: A quick comparison of two flagship phones By www.businesstoday.in Published On :: Sat, 09 May 2020 09:05:18 GMT Xiaomi has finally launched the Mi 10 in India, and with starting price of Rs 49,999, it goes up against the likes of the OnePlus 8 and the OnePlus 8 Pro, which were recently launched in India. Here it is compared with the OnePlus 8 Pro. Full Article
hi Share Market Update: Sensex ends 199 points higher, Nifty at 9,251; HUL, Sun Pharma, Dr Reddy top gainers By www.businesstoday.in Published On :: Fri, 08 May 2020 03:21:12 GMT Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today Full Article
hi Franklin Templeton issues 'unconditional apology' to SEBI on global chief's comments By www.businesstoday.in Published On :: Fri, 08 May 2020 10:11:11 GMT The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets Full Article
hi Coronavirus lockdown: It's Delhi vs Bihar on who pays the train fare for migrant workers By www.businesstoday.in Published On :: Sat, 09 May 2020 11:15:12 GMT According to a PTI report, all state governments except Maharashtra have been paying for the railway costs to ferry passengers to their native places Full Article
hi 4 things that may shape deal-making in post-COVID-19 world By www.businesstoday.in Published On :: Tue, 28 Apr 2020 12:47:37 GMT Businesses that will be able to identify and implement changes and address new risks in the post-COVID-19 world would have advantages and can expect value appreciation Full Article
hi Tax-News.com: Container Shipping Lines Offer Pricing Policy Shake-up By www.tax-news.com Published On :: Mon, 29 Feb 2016 00:00:00 GMT The European Commission has invited comments on commitments offered by fifteen container liner shipping companies to address concerns raised relating to concerted practices. Full Article
hi Tax-News.com: EFTA Signs FTA With The Philippines By www.tax-news.com Published On :: Thu, 28 Apr 2016 00:00:00 GMT Representatives of the European Free Trade Association - Iceland, Liechtenstein, Norway, and Switzerland - and the Philippines signed a free trade agreement in the Swiss capital of Bern on April 28. Full Article
hi Tax-News.com: Norway's Tax Refunds For Ship Owners Approved By www.tax-news.com Published On :: Fri, 29 Apr 2016 00:00:00 GMT The European Free Trade Association Surveillance Authority has approved a Norwegian state aid scheme which grants tax refunds to ship owners. Full Article
hi Tax-News.com: EFTA Approves Eco Tax Incentives For Norwegian Ships By www.tax-news.com Published On :: Fri, 2 Dec 2016 00:00:00 GMT The European Free Trade Association Surveillance Authority has approved a tax-based state aid scheme aimed at reducing maritime transport pollution in Norway. Full Article
hi Tax-News.com: Greek Shipowners Agree Extra Tax Payments By www.tax-news.com Published On :: Tue, 4 Jul 2017 00:00:00 GMT The Greek shipping industry has agreed to renew a tax agreement under which shipping companies pay additional tax to the Government. Full Article
hi Tax-News.com: Greek Shipping Firms Unhappy With Tax Regime By www.tax-news.com Published On :: Wed, 6 Sep 2017 00:00:00 GMT Tax regime instability has been cited by Greek shipping companies as a reason why they would consider switching to an alternative jurisdiction, according to a report by EY. Full Article
hi Tax-News.com: Philippines May Soon Ratify FTA With European States By www.tax-news.com Published On :: Mon, 8 Jan 2018 00:00:00 GMT Having endorsed the deal, the President of the Philippines, Rodrigo Duterte, has forwarded on a bill to ratify the free trade agreement with the European Free Trade Association states to the Senate. Full Article
hi Tax-News.com: EC Scrutinizes Tax Breaks For Polish Shipyards By www.tax-news.com Published On :: Mon, 15 Jan 2018 00:00:00 GMT The European Commission has opened an in-depth investigation into a Polish tax scheme for shipyards, which it says could give shipbuilders an unfair competitive advantage over rivals. Full Article
hi Tax-News.com: Hong Kong Gazettes Tax Breaks For Ship Leasing By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers. Full Article
hi $1.5 billion impact! Coronavirus lockdown, supply disruptions badly hit pharma exports By www.businesstoday.in Published On :: Fri, 08 May 2020 08:48:30 GMT According to figures declared by the Pharmaceutical Export Promotion Council of India (Pharmexcil), pharmaceutical exports registered a growth of 11.21 percent during the first quarter of FY20 Full Article
hi Tax-News.com: Singapore Confirms Future GST Hike In Budget By www.tax-news.com Published On :: Tue, 20 Feb 2018 00:00:00 GMT Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget. Full Article
hi Tax-News.com: China To Probe Dumping Of Styrene by US, Korea, Taiwan By www.tax-news.com Published On :: Tue, 4 Jul 2017 00:00:00 GMT China has made a number of announcements on anti-dumping duty orders, including to launch an investigation into US, Korean, and Taiwanese exports of styrene, which is used to manufacture plastics and resins. Full Article
hi Tax-News.com: Malaysia Hints At Sector Tax Breaks In Upcoming Budget By www.tax-news.com Published On :: Tue, 25 Jul 2017 00:00:00 GMT Malaysia is to use targeted tax breaks to support certain industries in this year's budget and in particular small and medium sized businesses, according to a government minister. Full Article
hi 5 takeaways for Indian investors from Warren Buffett's Berkshire AGM By www.businesstoday.in Published On :: Mon, 04 May 2020 06:36:03 GMT The lesson here is don't marry your stocks. If your original investment thesis fails, you shouldn't shy away from exiting your positions Full Article
hi Tax-News.com: IMF Urges US To Hike Indirect Taxes By www.tax-news.com Published On :: Fri, 6 Jul 2018 00:00:00 GMT The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases. Full Article
hi Tax-News.com: DeFazio Tables US Anti-Profit Shifting Bill By www.tax-news.com Published On :: Thu, 14 Jun 2018 00:00:00 GMT US congressman Peter DeFazio (D-OR) has introduced legislation designed to amend the Tax Cuts and Jobs Act so that incentives for US corporations to shift income and production overseas are reduced. Full Article
hi Tax-News.com: Deadlines For Colombian Tax Amnesties This Month By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT Two deadlines are approaching in Colombia for taxpayers wishing to take part in ongoing tax amnesties. Full Article
hi Mobile Medical Apps with High Rating Not Always Accurate: Health Warning By www.medindia.net Published On :: A high 'star rating' for a mobile medical app doesn't necessarily reflect medical accuracy or value, observe Johns Hopkins researchers. The research Full Article
hi Philippines: First Asian Country to Approve Sale of Dengue Vaccine By www.medindia.net Published On :: Dengvaxia, manufactured by French pharmaceutical giant Sanofi, secured its first regulatory approval in Mexico a fortnight ago and is currently being Full Article
hi New Dengue Case Reported in Delhi's Okhla: South Delhi Municipal Corporation By www.medindia.net Published On :: In 2015, as many as 15,867 cases of dengue were reported in Delhi. A case of dengue has been reported from Okhla area of the national capital, reported an official. Full Article
hi 39 Dengue Cases Reported in Delhi, Union Health Minister J.P. Nadda Holds Meeting By www.medindia.net Published On :: Dengue fever is a vector-borne tropical disease caused by the dengue virus. 39 dengue cases have been reported in Delhi so far, a civic body report said. Full Article
hi Chikungunya Cases in New Delhi Have Risen Up to 432, and Dengue Cases to 487 By www.medindia.net Published On :: A typical chikungunya patient manifests high-grade fever, severe joint pain, headache, muscle pain, joint swelling, or rash. In order to prevent Full Article
hi New Delhi Doctors Fall Prey to Dengue, Chikungunya as Cases Soar By www.medindia.net Published On :: A total of 487 cases of dengue and 432 cases of chikungunya have been reported in New Delhi till August 27, 2016, revealed the South Delhi Municipal Corporation. Full Article
hi No Need to Panic Over Chikungunya and Dengue: Delhi's Aam Aadmi Party By www.medindia.net Published On :: Chikungunya has affected tens of thousands across New Delhi. Cases of viral fever and dengue are also rampant. There is no need to panic over the spread Full Article
hi Delhi Reports Over 2,600 Chikungunya Cases Till September 17, 2016 By www.medindia.net Published On :: Delhi has reported 220 new cases of dengue in the last one week while the total number of new chikungunya cases for the same period stands at 628. A Full Article
hi Eliminate Dengue With Wolbachia Infected Mosquitoes By www.medindia.net Published On :: Dengue virus can be eliminated by injecting Wolbachia bacteria in mosquitoes. Researchers are still finding ways to spread Wolbachia in an urban mosquito population. Full Article
hi 8 In 10 Indonesian Children At Risk For Dengue By www.medindia.net Published On :: Indonesia has one of the highest burdens of dengue fever, in the world. Dengue fever has infected over half of all children in urban areas by the age of 5. Full Article
hi High Incidence of Stroke in Dengue Affected Patients By www.medindia.net Published On :: Individuals with dengue fever are at a higher risk of being affected with stroke, especially during the first 2 months following infection, finds a study Full Article
hi Identifying Dengue 'Hot Spots' can Predict Chikungunya, Zika Outbreaks By www.medindia.net Published On :: Outbreaks of chikungunya and Zika viral diseases can now be predicted by identifying dengue fever "hot spots". Dengue, chikungunya and Zika viral disease Full Article
hi Nearly 550 Dengue Cases Reported in Himachal Pradesh, India By www.medindia.net Published On :: Nearly 550 dengue cases have been reported in Himachal Pradesh, India and especially in Bilaspur, which is Union Health Minister J.P. Nadda's hometown. Full Article
hi New 280 Cases of Dengue Reported in October in New Delhi By www.medindia.net Published On :: According to a municipal report released on Monday, around 285 cases of dengue were reported in the National capital in the end of the week on November 3, compared to 290 cases in the previous week. Full Article