ChrysCapital has exited Eris Lifesciences by selling its 7.27% stake for Rs 1,187 crore via an open market transaction. Infinity Partners acquired the shares.

Biocon's Q1 profit jumps six-fold to Rs 660 crore, driven by a one-time gain from the Biocon Biologics and Eris Lifesciences collaboration. Revenue also grew slightly.

Eris Lifesciences reports a 4.5% decline in consolidated profit after tax to Rs 89 crore for Q1 FY25, while revenue rose to Rs 720 crore. The company expects significant growth in its Biocon business.

Rakesh Shah, a shareholder of Eris Lifesciences, has divested a 1.5% stake in the company for Rs 200 crore through an open market transaction. The shares were offloaded at an average price of Rs...

Eris Lifesciences has acquired a 51% stake in Swiss Parenterals, a leading sterile injectable manufacturer, for Rs 637.5 crore. The acquisition strengthens Eris's India footprint and complements...

Union Minister Ramdas Athawale says his party will encourage investors to set up units in Nagaland, citing its potential for development. He also highlighted various government schemes implemented...

MSDE and Swiggy launch an initiative to provide skilling and employment opportunities within Swiggy's food delivery and quick commerce network. The partnership will benefit 2.4 lakh delivery...

Tata Group-owned Air India significantly reduced its losses in FY24, reporting a 60% decline to Rs 4,444 crore. The airline's turnover also increased by 23.69% during the year.

FSSAI emphasizes the importance of controlling chemical contamination in agricultural raw materials for food industry advancement. The authority highlights the need for MRL enforcement, regular...

Dholera SIR, a special investment region in Gujarat, is attracting Rs 2,000-3,000 crore annually in real estate investments, primarily from North India. The project is being developed by the...

Markets in Bengaluru and Mangaluru, including commodities, bullion, and areca-coconut, are closed on Saturday due to the Ganesha Chaturthi holiday.

Union Minister Ramdas Athawale says his party will encourage investors to set up units in Nagaland, citing its potential for development. He also highlighted various government schemes implemented...

MSDE and Swiggy launch an initiative to provide skilling and employment opportunities within Swiggy's food delivery and quick commerce network. The partnership will benefit 2.4 lakh delivery...

Tata Group-owned Air India significantly reduced its losses in FY24, reporting a 60% decline to Rs 4,444 crore. The airline's turnover also increased by 23.69% during the year.

External Affairs Minister S Jaishankar embarks on a six-day visit to Saudi Arabia, Germany and Switzerland to strengthen bilateral ties and discuss regional and global challenges.