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GlaxoSmithKline Pharmaceuticals Ltd.(up 3.65 per cent), Glenmark Pharmaceuticals Ltd.(up 2.45 per cent), Biocon Ltd.(up 1.27 per cent), Alkem Laboratories Ltd.(up 0.86 per cent) and Lupin Ltd.(up 0.7 per cent) were among the top gainers. Natco Pharma Ltd.(down 1.8 per cent), Aurobindo Pharma Ltd.(down 1.14 per cent), Ipca Laboratories Ltd.(down 0.99 per cent), Laurus Labs Ltd.(down 0.84 per cent) and Abbott India Ltd.(down 0.7 per cent) were the top losers on the index.

Phased Manufacturing Program (PMP) for electric vehicle (EV) charger components, aligning with the FAME India Scheme Phase-II to promote domestic manufacturing. In a notification dated November 7, 2023, the government has listed various charger components and specified timelines for their indigenization, signaling a shift toward domestically produced parts. This includes crucial elements such as charger enclosures, internal wiring harnesses, and software for charge point operators (CPO) and management systems (CMS), effective from December 1, 2021.

BEIJING — The size of unfinished, pre-sold homes in China is about 20 times the size of property developer Country Garden as of the end of 2022, according to a Nomura report on Wednesday.

Suella Braverman lashed out at British Prime Minister Rishi Sunak, accusing him of not fulfilling his assurances to her over the issues of illegal immigration and rising anti-semitism. She said that Sunak's plan is «not working» and the Conservative party is heading towards «record election defeat». On social media platform X, Braverman posted a message stating, «Thank you for your phone call yesterday morning in which you asked me to leave government. While disappointing, this is for the best». She claimed accepting the offer of serving as Home Secretary on «certain conditions» and «firm assurances», despite Sunak being «rejected» by a majority of party members and having «no personal mandate» to be Prime Minister. «As you know, I accepted your offer to serve as Home Secretary in October 2022 on certain conditions.

Xi Jinping, US President Joe Biden has said that for him, the idea of a successful meeting is to get back on a normal course of corresponding, and being able to pick up the phone and talk to one another whenever there is a crisis, US-based ABC7 news reported. Even though Biden has a full schedule for the 30th APEC Economic Leaders' Meeting, his meeting with Xi Jinping on Wednesday is the most crucial one. Their four-hour meeting is scheduled to take place at San Mateo County's Filoli Estate. «To get back on a normal course of corresponding, being able to pick up the phone and talk to one another when there's another crisis,» Biden said, shortly before departing for San Francisco on Tuesday. «Being able to make sure our militaries still have contact with one another,» he told reporters at the White House. According to ABC7 News, there are reports circulating that say that an agreement could be announced on Wednesday that would address source material involved in the illegal fentanyl trade. Prior to their respective trips to San Francisco, Biden hosted meetings with fellow APEC leader Joko Widodo of Indonesia on Monday at the White House. The president of the most populous Muslim nation in the world, Widodo, has been vehemently critical of Israel's actions in the Gaza Strip; thus the visit to the Oval Office came at a rather uncomfortable time, reported ABC7 News. In contrast, Biden has not wavered in his support of Israel's right to self-defence in the wake of the 1,200-death onslaught on October 7 by Hamas terrorists.

NASA officials have said. «ISRO is projecting the first quarter of next year. So, I mean, that's ready,» NASA NISAR Project Manager Phil Barela said during a media interaction here on Wednesday.

Info Edge (India) Ltd. gained 4.23 per cent to Rs 4700.0 at 10:05AM (IST) in Wednesday's trade. The stock hit a high of Rs 4709.45 and low of Rs 4545.05 so far during the session.

MphasiS Ltd. gained 4.2 per cent to Rs 2240.6 in Wednesday's trade as of 10:00AM (IST). The stock hit a high price of Rs 2272.6 and low of Rs 2190.0 during the session.

JPMorgan Chase & Co. is expecting its digital token, JPM Coin, to process $10 billion in daily transactions in the upcoming year.

Solara Active Pharma Sciences with a target price of Rs 400. The current market price of Solara Active Pharma Sciences Ltd.

Ashok Leyland with a target price of Rs 200. The current market price of Ashok Leyland Ltd.

European Union reached a deal early Wednesday on a law to place methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to clamp down on leaks of the potent greenhouse gas. After all-night talks, negotiators from EU member states and the European Parliament agreed to a law which from 2030 will require importers of crude oil, gas and coal into Europe to prove those fuels meet a methane intensity limit. The law will now be put to the European Parliament and EU countries for final approval.

Investment bankers and equities sales and trading teams are likely to be hit the hardest during Wall Street’s next round of bonus payments.

BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. 

IndusInd Bank, One 97 Communications, Tata Motors ‘A’ (Tata Motors DVR) and Suzlon Energy shares are among nine stocks that have been included in the MSCI Global Standard Index. As per the latest announcement by the global index provider, the other stocks included in MSCI India Index are APL Apollo Tubes, Macrotech Developers, Persistent Systems, Polycab India and Tata Communications.

US Federal Reserve will not hike interest rates further. Indian markets were shut for a holiday on November 14. On Monday, the domestic benchmark equity indices ended half a percent lower amid mixed global cues.

CIE Automotive India: Buy at ₹485.20, target ₹525, stop loss ₹470;2] HBL Power: Buy at ₹324.85, target ₹350, stop loss ₹315; and3] BEL: Buy at ₹143.40, target ₹155, stop loss ₹137. (Read More)Mohit Burman, Member, Burman Family and Chairman, Dabur India, is unfazed by the Religare Enterprises Ltd board's resistance to his family's open offer, after initially welcoming it. He says that acquiring Religare will add a crucial piece to the Burman family's growing bouquet of financial products and that the company needs a promoter to re-enter the lending business.In a lengthy interview conducted over two days, Burman stopped short of commending Religare chairperson Rashmi Saluja for the company's recovery while giving "full marks" to the management team for the turnaround.

IndusInd/Suzlon/Paytm/Persistent Systems: MSCI is set to adjust its MSCI Standard Index, drawing attention from analysts who are closely monitoring potential inclusions such as IndusInd Bank, Suzlon Energy, Persistent Systems, and One97 Communications. Nuvama Alternative & Quantitative Research predicts significant inflows into these stocks, estimating $290 million for IndusInd Bank, $264 million for Suzlon Energy, $258 million for Persistent Systems, and $163 million for One97 Communications, the parent company of Paytm.

Subrata Roy death news: Sahara Group founder Subrata Roy passes away after battling prolonged illness A statement by the company on the matter confirmed the death of Sahara Founder. The statement read, “It is with profound sadness that Sahara India Pariwar informs the demise of our Hon’ble ‘Saharasri’ Subrata Roy Sahara, Managing Worker and Chairman, Sahara India Pariwar." Subrata Roy's assets once included the famous Plaza Hotel in New York, Grossvenor House in London and former Force India Formula One team, reported Reuters.

Last week, I was in Brasilia, speaking at Brazil Innovation Week, 2023. I’d been invited to talk about how India’s digital public infrastructure (DPI) offers a new approach to data governance and I was glad for the opportunity to test for myself whether the ideas I had set out in my new book held good in the Brazilian context.

Federal Reserve will start cutting interest rates by mid-2024, sending Treasury yields plunging. A Bloomberg gauge of the dollar tumbled as much as 1.3 percent on Tuesday, the largest such drop since November 2022. It stayed close to the previous day’s close on Wednesday, helping propel the won and ringgit to the top of Asia’s currency rankings.