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.

Ripley & Co and Bothra Shipping Services will invest Rs 600 crore to automate and modernize Berth No. 5 at Haldia Dock Complex, boosting cargo handling capacity to 5 million tonnes.

India's Commerce Ministry plans to establish a centre for negotiation skills to enhance expertise in FTAs and business deals, aimed at boosting trade and improving IIFT rankings.

State Bank of India launches a 444-day term deposit offering up to 7.25% annual returns. This comes amid growing differences in credit and deposit growth within the banking system.

Vi expands L900 & L2100 technologies in UP and Uttarakhand, offering improved indoor coverage and faster data speeds for users.

India's Commerce Minister Piyush Goyal has invited Swiss companies to invest in India, highlighting the potential of various sectors. The visit focused on implementing the India-EFTA Trade and...

Elon Musk is moving SpaceX and X headquarters to Texas from California, citing a new law barring schools from notifying parents of gender identity changes as the 'final straw'.

The NITI Aayog has been reconstituted with 15 union ministers, including those from NDA allies, as members. Prime Minister Modi remains chairman, while economist Suman K Bery continues as...

Ripley & Co and Bothra Shipping Services will invest Rs 600 crore to automate and modernize Berth No. 5 at Haldia Dock Complex, boosting cargo handling capacity to 5 million tonnes.

The Narendra Modi government has reconstituted Niti Aayog, adding new members including Shivraj Singh Chouhan, Jagat Prakash Nadda and HD Kumaraswamy. Learn more about the changes.

India's Commerce Ministry plans to establish a centre for negotiation skills to enhance expertise in FTAs and business deals, aimed at boosting trade and improving IIFT rankings.