Long Term

Banking stocks led the decline in a fortnight of mayhem in global financial markets

Gainers

Sun Pharmaceutical Industries received US FDA approval for the abbreviated new drug application (ANDA) to market generic carboplatin injection. These generic versions of carboplatin 10mg/ml injections packed in 5 ml, 15ml and 45ml single-use vials are bioequivalents of paraplatin injections...

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  • Watch Out! They Are Out to Get You

    We are back a full circle. A dozen-odd years after the IPO (initial public offering) mania of 1992-96, the market is dead again. Ironically, the Confederation of Indian Industry (CII) is the first to kick off a discussion on how to revive the primary market. As in the 1990s, this time too the market was killed by the combined greed of companies, investment bankers and investors. However, as...

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  • Unknown Paths

    Gammon Infrastructure is raising money to invest in subsidiaries that will operate roads. Give it a miss

    Gammon Infrastructure constructs and develops projects such as roads, bridges, ports, hydroelectric and biomass power projects. It was looking to raise funds through an initial public offering (IPO) for quite some time. However, its IPO plans ran into trouble as the market regulator barred...

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