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...

KKR has acquired medical device firm Healthium Medtech from Apax Partners for up to Rs 7,000 crore. The deal marks KKR's latest investment in the healthcare sector in India and the Asia Pacific.

Sanstar Ltd's IPO received 13.47 times subscription on the second day, with strong demand from non-institutional investors and RIIs. The IPO aims to raise Rs 510 crore for expansion and debt...

JNPA receives approval to build India's first agricultural commodity-based processing facility, aimed at mitigating wastage and extending shelf life. The Rs 285 crore project will be built on a...

Sebi has not received any specific information on unfair trading during the stock market crash on June 4, 2024, following the Lok Sabha poll results, according to a parliamentary statement. The...

Domestic airlines in India cancelled 7,030 flights this year till May-end, according to the civil aviation ministry. Find out the reasons behind the cancellations and the latest updates on Digi Yatra.

HDFC Bank shares climbed over 2% on Monday, boosted by a 33.17% rise in consolidated net profit for the June 2024 quarter. The bank's market capitalization jumped by Rs 25,639 crore.

Sanstar Ltd's IPO received 13.47 times subscription on the second day, with strong demand from non-institutional investors and RIIs. The IPO aims to raise Rs 510 crore for expansion and debt...

JNPA receives approval to build India's first agricultural commodity-based processing facility, aimed at mitigating wastage and extending shelf life. The Rs 285 crore project will be built on a...

Sebi has not received any specific information on unfair trading during the stock market crash on June 4, 2024, following the Lok Sabha poll results, according to a parliamentary statement. The...

Karnataka's IT industry is pushing for longer working hours, prompting a bill that would allow 14-hour workdays. The government is evaluating the proposal amid concerns from employees about its...

Domestic airlines in India cancelled 7,030 flights this year till May-end, according to the civil aviation ministry. Find out the reasons behind the cancellations and the latest updates on Digi Yatra.