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...

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Chevron to establish an Engineering and Innovation Centre of Excellence in Bengaluru, investing Rs 8,300 crore and creating 600 jobs by 2025.

India's government has significantly reduced drawback rates on gold and silver jewellery exports following a cut in import duties. Learn about the impact on the gems and jewellery industry.

MPCB alleges Mercedes-Benz India's Pune plant is not complying with environmental standards, leading to a review and forfeiture of a bank guarantee. The company claims to be ready to cooperate with...

The Central government has ordered an insurance firm to pay Rs 225 crore to 2 lakh farmers in Maharashtra's Parbhani district within a week for pending soyabean crop insurance claims.

India and Seychelles are exploring stronger business ties with opportunities for Indian businesses and focus on Commonwealth Trade collaboration. The Trade Commissioner discusses potential and...

Brazilian Foreign Minister Mauro Vieira will visit India to strengthen bilateral ties and discuss the G20 summit in Rio de Janeiro. The visit will include the ninth India-Brazil joint commission...

India's Union Cabinet approves a 50% assured pension for government employees under NPS, making the scheme more attractive. The Unified Pension Scheme (UPS) will be applicable from April 1, 2025.

Funskool India, backed by MRF Group, has secured rights from Asmodee to distribute the popular board game CATAN in India. The game will be made in India and will be available for purchase at Rs 3,499.

Jeyyam Global Foods, a leading supplier of Bengal gram and fried gram, is launching an IPO on September 2 to raise Rs 80-82 crore for expansion plans.