News Overview

NIIF will shortlist bidders in the next weeks, allowing them to undertake due diligence on the company before submitting binding financial proposals.

PSUs with abroad offices will be given preference for obtaining essential minerals in nations where they already have a presence.

the Bain and Temasek combination made a non-binding offer late last week that valued India's largest snack and convenience foods company at $8–8.5 billion

Brookfield Asset Management completed the deal last year, acquiring about half of Bharti Enterprises' four commercial properties in the Delhi-NCR region.

Awfis Space Solutions is a flexible workspace solutions company catering to the needs of individuals, start-ups, SMEs, and large corporations.

The broader market indices outperformed the frontline benchmark indices. The BSE SmallCap index increased by 0.62%, and the BSE MidCap index rose by 0.36%

The board of directors also declared a final dividend of ₹1.50 per equity share for fiscal year 2024, which is 150% of the face value.

The company's board recommended a dividend of ₹6 per equity share on a face value of ₹1 each.

Cipla primarily develops drugs to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression, etc.

During the quarter, Mankind introduced four new drugs in the United States, bringing the total number of launched items to 39.