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...

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.