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Wockhardt's Novel Antibiotic 'Zaynich' Gets USFDA NDA Acceptance

India, Dec. 1 -- Wockhardt on Monday announced that the US Food and Drug Administration has accepted the New Drug Application (NDA) for its breakthrough, first-in-class antibiotic Zaynich. Filed on S... Read More


Crude Oil Futures Rise on Strong Spot Demand

India, Dec. 1 -- Crude oil prices advanced by Rs 55 to Rs 5,379 per barrel in Monday's futures trade, supported by stronger spot demand and increased positions by market participants. On the Multi Co... Read More


Aluminium futures edge higher on fresh buying

India, Dec. 1 -- Aluminium prices rose Rs 1.90 to Rs 274.95 per kg in Monday's futures trade as traders built fresh positions amid a firm trend in the spot market. On the Multi Commodity Exchange (MC... Read More


Zinc futures gain as spot demand improves

India, Dec. 1 -- Zinc prices edged higher on Monday, rising Rs 2.25 to Rs 305.40 per kg in futures trade amid stronger spot demand. On the Multi Commodity Exchange (MCX), December zinc contracts incr... Read More


Copper futures slip on weak domestic demand

India, Dec. 1 -- Copper futures declined on Monday, dropping Rs 9.30 to Rs 1,045 per kg on the Multi Commodity Exchange (MCX), as traders cut positions amid subdued demand in the domestic market. The... Read More


India's Manufacturing PMI slips to 9-month low in November

India, Dec. 1 -- India's manufacturing activity moderated to a nine-month low in November, as growth in sales and production softened amid challenging market conditions, according to a monthly survey.... Read More


Maruti Suzuki completes merger With Suzuki Motor Gujarat

India, Dec. 1 -- Maruti Suzuki India on Monday announced that its merger with Suzuki Motor Gujarat (SMG) has officially become effective. The company said it has filed the certified copy of the Natio... Read More


Toyota Kirloskar Motor Posts 19% YoY Sales Growth in November

India, Dec. 1 -- Toyota Kirloskar Motor reported a 19% year-on-year rise in wholesales to 30,085 units in November, compared with 25,182 units dispatched during the same month last year. The company ... Read More


Bajaj Auto's domestic two-wheeler sales slip 1% in November

India, Dec. 1 -- Bajaj Auto's domestic two-wheeler sales declined 1% year-on-year in November, falling to 2,02,510 units from 2,03,611 units a year earlier. However, the company posted an 8% YoY incr... Read More


Silver futures hit new record high on weak dollar, Fed rate-cut hopes

India, Dec. 1 -- Silver futures surged to an all-time high of Rs 1,78,649 per kg, rising rs 3,668 on Monday, as a weaker US dollar and increasing expectations of a US Federal Reserve rate cut boosted ... Read More