Tejas fially makes it to Indian Air Force: 10 key facts to know

After three-decade-long wait, the Indian Air Force has finally received indigenous combat jet Tejas on Friday. For the first two years, the squadron will be based in Bengaluru, after which it will move to Sulur in Tamil Nadu.

Essar, which is controlled by the billionaire Ruia brothers and has assets in the oil and gas, steel, ports and power sectors, has faced pressure from creditors to reduce borrowing that some analysts estimate at more than $14 billion.

Shares of Strides Shasun rallied over 6 per cent after the company announced successful completion of US FDA inspection at its Oral Dosage Facility in Bangalore.

The Nikkei/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 51.7 in June from May's 50.7, its sixth month above the 50 mark that separates growth from contraction after it fell below that level in December for the first time in more than two years.

Wipro, KPIT and Idea among top 10 stocks that hogged limelight in today's trade

KPIT zoomed over 17 per cent in trade on Friday after the IT consulting and software firm reported a whopping 69 per cent QoQ net profit growth.

Fri Jul 01 15:12:06 IST 2016
 

From The Magazine

Daiichi Sankyo began this year by reorganising its global R&D structure and shutting a subsidiary each in the UK and Germany but remains upbeat on its research centre in India.

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