BENGALURU, July 17 A U.S. Food and Drug
Administration (FDA) investigator discovered that India's
Strides Pharma Science Ltd, which exports to the U.S.
market, was shredding drug production, quality and laboratory
documents and dumping others in a scrap yard.
BENGALURU/MUMBAI India's second-biggest software services firm, Infosys Ltd, raised its revenue forecast for the year on Friday, betting on upbeat client demand for its new-age digital services such as cloud, data and analytics.
* Infosys sees FY20 constant currency revenue between 8.5%
July 12 Indian shares were trading flat on
Friday, tracking subdued Asian peers, as investors stayed on the
sidelines after concerns over U.S.-China trade tensions
BENGALURU, July 11 Indian shares rose on
Thursday, driven by gains in metals and financials, and tracking
strength in broader Asia as dovish comments by U.S. Federal
Reserve Chairman Jerome Powell rekindled rate-cut hopes.
BENGALURU, July 10 Indian shares edged lower on
Wednesday amid renewed concerns over trade tension between the
United States and India, with Tata Motors and Tata
Consultancy Services dragging the index lower.
BENGALURU, July 9 Indian shares fell for a third
straight session on Tuesday as a proposed tax on the super-rich
continued to rattle the markets, while investors awaited fresh
cues from corporate results that kick-off later in the day.
Indian shares slumped 2% on Monday, their biggest fall so far this year, as investors were disappointed after the federal budget raised import tariffs on many items, hiked taxes on the rich and proposed changes in shareholding norms.
* PNB tumbles after flagging borrowing fraud
(Updates to close)
July 8 Indian stock markets fell on Monday, in
line with broader Asia on strong U.S. jobs data, while the
government's move to tax share buybacks and increase minimum
public shareholding in listed companies disappointed domestic