Investment Management
* Cipla engages in the manufacture and sale of pharmaceutical products in India and internationally. * Cipla has announced to buy out its South Africa front-end partner Cipla Medpro completely * This is a revision of its November 2012 offer where it intended to only acquire 51% of Medpro * Under the new offer, Cipla […]
* India in its budget for the year starting April 1 has proposed to remove excise duty levied on cotton and spun yarn at the yarn, fabric and garment stages. * Arvind CEO/Jayesh Shah: Budget proposal to remove excise duty for readymade apparels is very significant for industry; company currently pays 3.6% exxcise duty on […]
* Carrizo Oil & Gas Inc is an independant energy company that engages in oil and gas exploration, development and production in the US and UK. The company holds interests in crude oil and liquids plays in Eagle Ford Shale in South Texas, the Niobrara Formation in Colorado, the Utica Shale in Ohio and Pennsylvania […]
* NOTE: This strategy is primarily meant for investors who can afford short term risk and price volatility to bet on a sale speculation by Coach Inc. * As of 24 Feb 2013, insiders have increased holdings by 1.18%. * Growth Funds own 44.33% of Coach shares. * US investors own 81.94% of Coach shares. […]
* Coca-Cola is to take complete control of Innocent Drinks after the smoothie company’s three founders agreed to sell almost all their remaining shares to the American drinks giant. * The deal will see Richard Reed, Adam Balon and Jon Wright step away from day-to-day involvement with the company they founded in 1999. * Mr […]
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