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...

Biocon Biologics has sold its dermatology and nephrology branded formulations business units in India to Eris Lifesciences for Rs 366 crore. The deal is expected to close by the end of November 2023.

Tamara Leisure Experiences launches Lilac Hotels in Kumbakonam, Tamil Nadu, expanding its mid-segment portfolio. The new hotel offers 27 executive rooms, 13 premium rooms, 4 elite rooms and one suite.

The Directorate General of Mines Safety (DGMS) is emphasizing safety regulations for new coal mine operators as more commercial mines are auctioned in India. Coal India is also diversifying into...

Cholamandalam MS General Insurance reports strong Q1 FY24 performance with a Gross Written Premium (GWP) of Rs 1,945 crore, a 14.3% growth over the previous year.

India aims to achieve a USD 30 trillion economy with USD 18,000 per capita income by 2047, according to NITI Aayog's 'Vision for Viksit Bharat @ 2047' paper. The document outlines key challenges...

A study reveals pilot fatigue is linked to consecutive night flights, long duty hours, and roster instability. Safety Matters Foundation highlights concerns and calls for improved regulations.

Tamara Leisure Experiences launches Lilac Hotels in Kumbakonam, Tamil Nadu, expanding its mid-segment portfolio. The new hotel offers 27 executive rooms, 13 premium rooms, 4 elite rooms and one suite.

The Directorate General of Mines Safety (DGMS) is emphasizing safety regulations for new coal mine operators as more commercial mines are auctioned in India. Coal India is also diversifying into...

Cholamandalam MS General Insurance reports strong Q1 FY24 performance with a Gross Written Premium (GWP) of Rs 1,945 crore, a 14.3% growth over the previous year.

Colgate-Palmolive (India) Ltd has received a Rs 248.74 crore tax demand notice from the Income Tax Authority for transfer pricing-related issues. The company plans to challenge the order.

Italy and China have signed a 3-year action plan to strengthen economic ties. Italian PM Meloni's visit aims to reset relations amid trade tensions with the EU.