1) Stock Alert: Cadila Healthcare Limited sees a robust immune response on the pre-clinical trial of covid19 vaccine development.
2) Stock Alert: Cadila Healthcare Limited secures a large order from the municipal corporation of remdesivir to treat covid19 patient
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.
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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
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?
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6) Reliance Retail Ventures acquired a 60% stake in the e-pharmacy company Netmeds for Rs. 620 crore.
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.
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.
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.
10) How big is the State Bank of India? SBI holds as much deposits as the top private banks combined according to Finshots.
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%.
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.
13) Stock Alert: Birlasoft Limited to drive cloud-led digital transformation for customers in collaboration with Microsoft.
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.
