July 19, 2025 04:33 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Odisha shocker: Minor girl set on fire by three men in Puri, Naveen Patnaik slams BJP govt | Patna hospital shooting: Over five accused arrested from West Bengal | Five jets were shot down: Donald Trump's new claim on Operation Sindoor | TMC backing infiltration, endangering Bengal's identity: PM Modi slams Mamata govt | Bihar must be protected from malicious intentions of RJD and Congress: PM Modi | 'You deserve to suffer just like me': Over 60 Delhi and Bengaluru schools receive 'hoax' bomb threats | 'We would caution against any double standards': India on NATO's warning over Russia trade sanctions | Karnataka govt blames RCB for Bengaluru stampede, refers to Kohli's online message too | 'Premature and irresponsible': Indian pilots' body slams Air India crash probe report | Bihar CM Nitish Kumar announces free electricity upto 125 units ahead of assembly polls

Indian benchmark indices post fresh record high closing on Friday

| @indiablooms | Jan 05, 2018, at 10:09 pm

Mumbai, Jan 5 (IBNS): Indian benchmark indices ended at fresh record closing high on Friday, with BSE Sensex up 184.21 points at 34,153.85 and NSE Nifty up 54.10 points at 10,558.90.

Top gainers included Idea Cellular, Yes Bank, IndusInd Bank, Bajaj Finance, Adani Ports, Dr Reddy's Labs and Bharti Airtel while Bhati Infratel, Hindalco, ONGC, Tata Motors (D), UPL, HPCL and BPCL were some of the key stocks that declined.

Infosys Limited announced on Friday that it will announce the results of its third quarter ended December 31, 2017 on Friday, Jan 12, 2018, around 3.45pm IST.

Meanwhile, the Union Ministry of Corporate Affairs said on Friday that the Competition Commission of India has found the Chemists and Druggists Association of Baroda (CDAB) and Federation of Gujarat State Chemists and Druggists Association (Gujarat Federation) to be in contravention of the provisions of the Competition Act, 2002.

After detailed inquiry, the Commission has found that CDAB and the Gujarat Federation were indulging in the anti-competitive practice of insisting NOC prior to the appointment of new stockists by pharmaceutical companies.

Further, the Gujarat Federation was found to be carrying on the practice of making introduction of new products in the market subject to payment of PIS charge and its approval.

The regulator has not only directed CDAB, Gujarat Federation and their office bearers, to cease and desist from indulging in the aforesaid anti-competitive practice but also imposed a monetary penalty of Rs. 1,08,588  and Rs. 11,11,549 on CDAB and the Gujarat Federation, respectively, as well as imposed penalties of Rs. 34,048 and Rs. 62,144 upon V.T. Shah (President, CDAB) and Jashvant Patel (President, Gujarat Federation), respectively.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu