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Cipla reported a 2.6% decline in consolidated net profit to Rs 729 crore in Q3 FY22 from Rs 748 crore posted in Q3 FY21.

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Glenmark Pharmaceuticals Inc., USA (Glenmark) has received final approval by the United States Food & Drug Administration (U.S. FDA) for Bisoprolol Fumarate and Hydrochlorothiazide Tablets USP, 2.5 mg/6.25 mg, 5 mg/6.25 mg, and 10 mg/6.25 mg, the generic version of Ziac?1 Tablets, 2.5 mg/6.25 mg, 5 mg/6.25 mg, and 10 mg/6.25 mg, of Teva Branded Pharmaceutical Products R&D, Inc. According to IQVIA™ sales data for […]

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The board has approved a second interim dividend at the rate of 47.5 percent amounting to Rs4.75 per share.

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COMEX Gold futures turned sharply lower yesterday. The metal tanked from a two month high above $1850 per ounce as the US Federal Reserve on Wednesday said it is likely to hike interest rates in March and reaffirmed plans to end its bond purchases that month in what US central bank chief Jerome Powell pledged will be a sustained battle to tame inflation. Citing elevated […]

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The company has also started its gradual country expansion by distributing its products in new states.

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The award has gone in favor of JITF Urban Waste Management (Ferozepur) Limited.

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The companys consolidated net profit rose 55.68% to Rs 505.54 crore on 55.64% rise in net sales to Rs 3314.14 crore in Q3 December 2021 over Q3 December 2020.

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The International Monetary Fund (IMF) has cut Indias economic growth forecast for the ongoing financial year, FY22 to 9%. The US-based financial institution had forecasted Indias real GDP growth at 9.5% in October 2021 and has downgraded it on the possible impact of the Omicron variant of Covid-19 on mobility restrictions and business activities. However, the Fund has upgraded Indias growth figures for FY23 and […]

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The company will monetise the investment in Future Generali India Insurance Company to its Joint Venture partner, Generali Participations Netherlands N. V. for a cash consideration of Rs1252.96cr.

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