MARKET NEWS Thursday, March 27, 2014 Larsen & Toubro - TopicsExpress



          

MARKET NEWS Thursday, March 27, 2014 Larsen & Toubro wins Rs 1,981-crore housing contracts; shares up Construction major Larsen & Toubro (L&T) has won contracts worth Rs 1,981 crore in the housing sector this month, including a major order in Bangalore. Lupin to buy eye treatment drugmaker in Mexico Lupin, Indias No. 4 drugmaker by revenue, said on Thursday it has agreed to buy eye-treatments maker Laboratorios Grin S.A. De C.V for an undisclosed amount, moving into Mexicos $275 million ophthalmic market. Majority of employers in India facing skills gap: survey According to a survey by job portal CareerBuilder India, the current job market is not only frustrating for those looking for employment, but also for businesses with open positions who are unable to find the right talent. Compat dismisses Jitendra Bhargavas plea against Jet-Etihad deal Former Air India executive director Jitendra Bhargava had filed the appeal questioning the decision of CCI to approve the Jet-Etihad deal without carrying out a detailed assessment. Should you sell pharma stocks in your portfolio? Pharma and IT stocks have been the big outperformers in the Indian markets for the last many months, but clearly investors interest in these stocks is waning. The reasons are not difficult to guess. Switzerland not sharing information on bank accounts of Indians: Finance Minister Mr Chidambaram, in a terse two-page letter to his Swiss counterpart Eveline Widmer Schlumpf, reminded him of the April 2009 declaration adopted by G20 leaders stating the era of bank secrecy is over. Dr Reddys launches generic cholesterol-lowering drug in US The company has launched Amlodipine Besylate and Atorvastatin Calcium Tablets in the US market following the approval by the United States Food and Drug Administration (USFDA), Dr Reddys Laboratories said in a statement. Gold futures weaken on global cues At the Multi Commodity Exchange, gold for delivery in April, fell by Rs 54, or 0.19 per cent, to trade at Rs 28,517 per 10 grams in a turnover of 297 lots. Eleven Indian-Americans feature in Forbes magazines annual list of 100 best venture investors with the Midas touch, who made savvy investments in start- ups and then sold off their stakes to pocket nearly $95 billion in profits.
Posted on: Thu, 27 Mar 2014 13:43:50 +0000

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