India being a cricket crazy nation, Indian Premium League (IPL) team bids have increased. With two new teams joining the Indian Premium League (IPL) bandwagon for the total of USD 703 million, the enterprise value (EV) for all the franchisees has increased. The highest bid was for Pune franchisee which was won by the Sahara Adventures Sports for USD 370 million.
`Chennai Super King` IPL team held by India Cements has given a Price-Volume Break-out from its trading range and short term target can be Rs.150-155.
http://www.business-standard.com/india/news/ipl-brand-value-doubles-to-413-bn-brand-finance/89167/on Quick fire cricket format Indian Premier League's (IPL) brand value has more than doubled to $4.13 billion (over Rs 18,000 crore), while 'Chennai Super Kings' has emerged the most valued franchise this year, says a study.
Open interest in NSE derivatives hits all time high of Rs 1,34,466 crore, previous high for this data set was recorded at the peak of the previous bull market on January 18, 2007, that was Rs 1,31,031 crore. With just one more day for derivative settlement to end as Wednesday 24th March is a holiday traders have to keep this in mind.
The U.S health bill promotes the use of generic drugs that are often one tenth the price of the original version, but has the same impact While generics form only 19-20% of the US market today, they are likely to make up nearly 46-47% by 2013 Among the 14 countries that can offer low-cost drugs, India and China were the only two that have enough scale to serve the US market-ET
Lupin, ranked eighth, and Dr Reddy’s Laboratories at 10th position are the only two Indian generic companies among the top 10 generic players in the US, which is dominated by players like Israel-based Teva Pharmaceuticals and US-based Mylan Pharma.
