Bank Nifty rose more than 1 percent on Tuesday, with all 14 constituents of the banking index trading in the green, after the Reserve Bank of India unveiled details of a concessional forex swap facility. The concessions are aimed at encouraging overseas fund raising by banks and public sector enterprises.The banking pack led gains on Dalal Street, helping benchmark indices recover after two days o...

Capacite Infraprojects shares gained 1 percent in the opening trade on June 4 after the company received a Letter of Intent (LoI) from Ten X Realty East Ltd, a subsidiary of Raymond Realty, for civil core and shell works at a residential project in Wadala, Mumbai.At 09:39am, Capacite Infraprojects was quoting at Rs 226.80, up Rs 2.05, or 0.91 percent, on the BSE.The contract is valued at approxima...

Lupin share price will remain in focus on May 29 after the pharmaceutical company received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its Ankleshwar manufacturing facility in Gujarat.The EIR was issued following the successful closure of a product-specific pre-approval inspection conducted by the US FDA at the facility from March 2 to...

Indoco Remedies share price will remain in focus on May 29 after the pharmaceutical company received the European Union Good Manufacturing Practice (EU GMP) certification from the German Health Authority (Berlin) for its manufacturing facility in Baddi, Himachal Pradesh.The certification has been granted for the company’s Oral Solid Dosage (OSD) manufacturing facility (Plant III). The inspection...

Aurobindo Pharma shares are likely to remain in focus on May 25 after the United States Food and Drug Administration (USFDA) classified the inspection outcome at one of its facilities as “Official Action Indicated” (OAI).The USFDA conducted an inspection at Unit-I, a formulation manufacturing facility of the company’s wholly owned subsidiary, Eugia Pharma Specialities, located in Kolthur Vil...