News Overview

In a prior ruling in September 2023, SAT had not only dismissed SEBI's appeal but also directed the regulator to refund the penalty amount deposited by Apollo Tyres within four weeks.

According to a press release from HUL, the Beauty and Personal Care division will split into separate Beauty & Wellbeing (B&W) and Personal Care (PC) companies as of April 1, 2024.

The Bharatiya Janata Party (BJP) secured significant victories in three out of the four state assembly elections, as indicated by results over the weekend.

IDBI trusteeship claimed at the NCLT that it is the debenture trustee of 425 debentures issued by Essel Infraprojects.

Glenmark Pharmaceuticals has recalled 37,200 bottles of Indomethacin capsules, a nonsteroidal anti-inflammatory drug (NSAID)

Motorcycle sales increased by 25.07% year-on-year to 4,41,276 units in November 2023, up from 3,52,834 units in November 2022.

Despite the overall decline in production, Maruti Suzuki's production of passenger vehicles increased by 1.3% to 130,114 units in November 2023

Although DMF-API-based products have 300bps lower GMs, these products allow Mankind to differentiate vs peers and gain access to the super-specialist doctor channel.

RATE continues to aspire to double revenues over FY24-27. Analysts of IIFL Capital Services 12-month TP of Rs740 is based on 2YF P/E of 35x

The buyer would acquire 6,41,01,646 shares in the company, for a total transaction value of Rs 18,928 crore.