Gland Pharma's Q1 profit fell 26% to Rs 144 crore, while revenue rose to Rs 1,402 crore. The company remains confident about its fiscal year goals.

Global PE major KKR acquires a controlling stake in Kerala-based Baby Memorial Hospital for Rs 2,000 crore, aiming to expand its healthcare network in India.

Fosun Pharma has divested a 6% stake in Gland Pharma for Rs 1,754 crore through an open market transaction, reducing its shareholding to 51.86%. UBS Principal Capital Asia acquired a 0.5% stake.

Gland Pharma's consolidated profit after tax (PAT) jumped over two-fold to Rs 192 crore in the March quarter, driven by strong revenue growth. The company also announced a final dividend of Rs 20...

Gland Pharma receives USFDA approval for its generic Edaravone injection, used to treat amyotrophic lateral sclerosis (ALS). The company expects to launch the product through its marketing partner...

Commerce Minister Piyush Goyal proposes a dedicated township for startups in India, drawing inspiration from Silicon Valley. He envisions a thriving ecosystem for entrepreneurs and innovators.

Table Space, a flexible workspace provider, has acquired 5 lakh sq ft office space in Bengaluru for around Rs 500 crore to expand its business.

Nexus Venture Partners has sold a 5.97% stake in India Shelter Finance Corporation for Rs 482 crore through open market transactions. The deal saw Goldman Sachs and SBI Life Insurance increase...

E-commerce giants Flipkart and Amazon India have announced their annual festive sales will begin on September 26, with early access for subscribers. Both platforms offer millions of products and...

Cybersecurity firm Tenable appoints Rajnish Gupta, former Palo Alto Networks executive, as Managing Director for India and SAARC. Gupta brings over 30 years of IT and cybersecurity experience to...

Commerce Minister Piyush Goyal proposes a dedicated township for startups in India, drawing inspiration from Silicon Valley. He envisions a thriving ecosystem for entrepreneurs and innovators.

Table Space, a flexible workspace provider, has acquired 5 lakh sq ft office space in Bengaluru for around Rs 500 crore to expand its business.

Finance Minister Nirmala Sitharaman backs Sebi chair Madhabi Puri Buch, saying her and her husband's statements contradict Congress's allegations of impropriety and conflict of interest.

Sebi introduces new guidelines for faster bonus share trading, allowing investors to trade bonus shares just two days after the record date starting October 1.

Indo Count Industries has acquired Fluvitex USA, a pillow and quilt manufacturer, strengthening its utility bedding segment and expanding its reach in the North American market.