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.

RBI Deputy Governor flags risks of relying on single vendors for services, citing Microsoft outage. He also warns about lack of customer redressal mechanisms among lending service providers.

India's Economic Survey projects a conservative growth of 6.5-7% for 2024-25, citing global uncertainties and domestic challenges. Experts weigh in on the forecast and its implications.

Industry bodies are confident that India's GDP growth will exceed the Economic Survey's forecast, with potential for 8% growth. The survey highlights key areas for growth and reform.

Air India will start operating its flagship Airbus A350 on ultra-long haul routes to the US from November, beginning with Delhi-New York JFK flights. Premium economy class will be offered.

The National Company Law Tribunal has ordered insolvency proceedings against Supertech Township Projects over a Rs 216.92 crore default by Punjab & Sind Bank. This is the third Supertech group firm...

RBI Deputy Governor flags risks of relying on single vendors for services, citing Microsoft outage. He also warns about lack of customer redressal mechanisms among lending service providers.

India's Economic Survey projects a conservative growth of 6.5-7% for 2024-25, citing global uncertainties and domestic challenges. Experts weigh in on the forecast and its implications.

Industry bodies are confident that India's GDP growth will exceed the Economic Survey's forecast, with potential for 8% growth. The survey highlights key areas for growth and reform.

India's Economic Survey highlights the need to address dependence on China for critical minerals essential for green transition, while urging diversification of energy sources and strategic...

India condemns the EU's planned carbon tax on energy-intensive goods from developing countries, arguing it violates the spirit of the Paris Agreement and unfairly burdens developing nations.