Glenmark Pharmaceuticals has announced the sale of its remaining 7.84% stake in Glenmark Life Sciences through an offer for sale (OFS) valued at around Rs 778 crore.

Glenmark Life Sciences reported a 33% decline in net profit for the March quarter, with revenue also down. The company, however, expects sustained growth in FY25.

Glenmark Pharmaceuticals reported a net loss of Rs 351 crore in Q3 FY24, driven by lower domestic sales due to a change in distribution model. The company expects its US business to rebound in Q4.

Nirma Ltd. to launch a Rs 1,343.05 crore open offer to acquire an additional 17.33% stake in Glenmark Life Sciences Ltd. The offer opens on February 15, 2024.

Nirma Ltd is making a Rs 1,343.05 crore open offer to acquire an additional 17.33% stake in Glenmark Life Sciences Ltd. The offer begins on Feb 15, 2024.

Sebi proposes summary proceedings for intermediaries to expedite violations of securities laws, aiming for faster and more efficient handling of cases.

Kochi Water Metro's success paves the way for similar projects in Kolkata, Mumbai, Guwahati, and Goa, says Shipping Ministry official. Learn more about the model and its potential impact.

Motilal Oswal Mutual Fund has sold its stake in Zomato for Rs 646 crore through an open market transaction. The shares were sold at an average price of Rs 226.85 apiece, with Axis Mutual Fund, BNP...

Get the latest gold and silver rates for July 16, 2023. Check the prices of standard gold, ornament gold and silverspot in India.

GVK Power and Infrastructure Ltd faces insolvency proceedings after failing to repay loans to lenders, including ICICI Bank. The NCLT has appointed an interim resolution professional to manage the...

Sebi proposes summary proceedings for intermediaries to expedite violations of securities laws, aiming for faster and more efficient handling of cases.

The IMF is upgrading its economic outlook for China and India, but expects tepid global growth due to persistent inflation. Read more about the IMF's latest World Economic Outlook.

Finance Minister Nirmala Sitharaman participated in the traditional 'halwa' ceremony, marking the final stage of Union Budget 2024-25 preparation. The budget will be unveiled on July 23 in Lok Sabha.

Kochi Water Metro's success paves the way for similar projects in Kolkata, Mumbai, Guwahati, and Goa, says Shipping Ministry official. Learn more about the model and its potential impact.

Motilal Oswal Mutual Fund has sold its stake in Zomato for Rs 646 crore through an open market transaction. The shares were sold at an average price of Rs 226.85 apiece, with Axis Mutual Fund, BNP...