Fri, Sep 18, 2020 3:29 PM
USFDA allows Cadila to market potassium chloride extended-release tablet
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Indian stock market saw huge volatility in Thursday’s trading session as the Nifty 50 index witnessed a sharp dip of around 200 points in two minutes and then recovered by 160 points in the next seven minutes. At 1:25 pm, the benchmark Nifty 50 was trading at 22,285 level and saw a sudden fall of around 200 points to hit the day’s low point of 22,080 at 1:27 pm.
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In line with its aim to expand its clean energy sources, Apple on April 17 announced a joint venture with renewable energy developer CleanMax to invest in six rooftop solar projects with a capacity of 14.4 MW. The energy additions will power Apple’s corporate offices in India, along with the two recently-launched retail stores in Mumbai and New Delhi, the US-based tech major said in its blog.
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Shares of Bharti Airtel jumped five percent on the NSE on April 18, making it the biggest gainer on the Nifty 50 index amid expectations of tariff hikes, providing big relief to telecom firms struggling against hypercompetition. Brokerage firm IIFL Securities said that players such as Bharti Airtel and Reliance Jio could benefit from ‘higher-than-expected tariff hikes’.
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