Aurobindo pharma denies allegations of sabotage by US drug firm Aceto. Stock falls down 1.83% at Rs 613 per share.
According to a leading news daily's report, Manappuram Finance was involved in insider trading, notices being issued. Stock takes a beating by 8% trading at Rs 127 a piece.
Indiabulls real estate's partial promoter stake sale completed to Embassy group. Stock up 2.21 pc at Rs 747 per share.
Fitch Ratings suggests funding at NBFCs is squeezed by liquidity crisis. Recovery may take time considering the global financial uncertainty.
BS VI norms to be effective from April 01, 2020. Auto companies may have to clear BS IV compliant vehicle inventory. The pile will have to be cleared with luring discounts, this may cause pressure on automobile companies' financials.
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