Weekly Insights - August 23, 2020

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1) Stock Alert: Cadila Healthcare Limited sees a robust immune response on the pre-clinical trial of covid19 vaccine development.

Zydus Cadila healthcare, covid19 vaccine clinical trial, The White Insights

2) Stock Alert: Cadila Healthcare Limited secures a large order from the municipal corporation of remdesivir to treat covid19 patient
Zydus Cadila healthcare, covid19 vaccine clinical trial, share stock market, The White Insights

In 2019, figures only for TV by Business Standard, people watched IPL for a record 326 billion minutes with 424 million unique viewers and 1.58 billion number of impressions. The average viewer spent 36.36 minutes watching IPL on TV in 2019.
Why Advertisers are a fan of IPL, IPL Dream11 sponsorship The White Insights
Click here to read

4) A report by State Bank of India (SBI) says India's GDP in the first quarter is expected to contract by 16.5%. A blog from the past week: Stock Market & Economic Growth
Stock market & Indian economy during the pandemic, The White Insights
India's GDP to contract 16.5% in 1st quarter in 2020 The White Insights

5) Tesla stock gained 732% in 1 year. Oh whoa! Do you want to invest in your favorite foreign company? Yes? Read this blog: How to invest in foreign stocks as an Indian individual?
Tesla Stock gained  more this year The White Insights
How to invest in foregn stocks The White Insights
Click here to read

6) Reliance Retail Ventures acquired a 60% stake in the e-pharmacy company Netmeds for Rs. 620 crore.
Reliance Retail Ventures acquires 60% stake in Netmeds

7) 24 smartphone manufacturers plans to set up factories in India moving from China. Manufacturers of companies like Apple, Asus, and Samsung, and many more pledge $1.5 billion for factories in India. In addition, Samsung, Foxconn, Pegatron, and Wistron are  the  main manufacturers.
Mobile phone factories in India moving from China, Samsumg, Asus, and Apple The White Insights

8) Trilateral Supply Chain Plan of India, Australia, and Japan excludes China. To counter China's aggression, dominance, and reduce reliance on China's supply chain Japan, India and Australia are seeking to build a stronger supply chain. The ambition would be called as Supply Chain Resilience Initiative.
India, Australia, Japan planning Trilateral supply chain to counter china The White Insights

9) India to introduce 'World Solar Bank'. The government will propose it during the next assembly of the International Solar Alliance (ISA) scheduled in October.
India to introduce World Solar Bank The White Insights

10) How big is the State Bank of India? SBI holds as much deposits as the top private banks combined according to Finshots.
How big is the State Bank of India The White Insights

11) Stock Alert: Glenmark Pharmaceutical Limited's sales in the domestic market in the first quarter, rose to INR 779.89 crore, up 3.68%.
Glenmark Pharma share stock market The White Insights

12) Fortune Global 500: The world's largest 500 companies generated $33.3 trillion in revenues, $2.1 trillion in profits in 2019. Together, Fortune Global 500 companies employ 69.9 million people worldwide and are represented by 32 countries.
Fortune Global 500, World's largest 500 companies revenue and employment The White Insights

13) Stock Alert: Birlasoft Limited to drive cloud-led digital transformation for customers in collaboration with Microsoft.
Birlasoft Limited share stock market The White Insights

Note: The recommendations and suggestions of stocks are personal opinions of the writer. Investments are subject to market risks, please consult an investment advisor for better understanding.

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