News Overview

The drug maker on Friday announced that its wholly owned subsidiary, Eugia Pharma Specialties, has received a final approval from the US Food & Drug Administration (USFDA) for Amphotericin B Liposome for Injection.

Japanese conglomerate SoftBank Group sold 4.5% stake in One 97 Communications (Paytm) via bulk deal on Thursday, 17 November 2022.

The key equity benchmarks tumbled and traded with limited losses in morning trade. The Nifty traded below the 18,300 level. PSU Banks, however, extended their bull run for fourth consecutive session. At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 160.67 points or 0.26% to 61,589.93. The Nifty 50 index lost 53.15 points or 0.29% to 18,290.75. In the broader market, the […]

Sun Pharma Advanced Research Company (SPARC) rose 1.67% to Rs 243.80 after the company announced that the U.S. drug regulator has approved Sezaby, phenobarbital sodium powder for injection for the treatment of neonatal seizures.

Blackstone-owned Nexus Mall files DRHP with SEBI to raise $500 Million.

Business Wire India Capacity expansion at Active Pharmaceutical Ingredient facility in Lindesnes, Norway, contributes to GE Healthcare’s aim to produce 30 million more doses of contrast media per year by 2025 This step reinforces GE Healthcare’s broader commitment to address growing future demand for contrast media, which it expects to double in the next ten years GE Healthcare’s Pharmaceutical Diagnostics business announced an $80 million […]

Capex cycle recovery appears imminent, with corporate leverage at its lowest in recent years and PAT-to-GDP set to improve, notwithstanding the high interest rates. All three rating agencies should fare well, with ICRA and CARE likely to recover some lost ground after underperforming CRISIL between FY19-22.

The real estate developer said it launched its residential project, Mahindra Citadel Phase 1 at Pimpri Chinchwad, Pune Region on 17 November 2022.

Financials stocks were trading with gains, with the S&P BSE Financial Services index increasing 12.56 points or 0.14% at 8895.96 at 09:46 IST.

Metal stocks were trading in green, with the S&P BSE Metal index rising 19.48 points or 0.1% at 19894.87 at 09:46 IST.