On April 22, 2015 13:00 (IST)
The shares of Sun Pharma slumped 10 per cent in trades on Tuesday after Japan's Daiichi Sankyo sold its 8.9 per cent stake in India's biggest drugmaker at a discount.
On April 22, 2015 12:17 (IST)
The company was clarifying on speculations that Mr Sanghvi, who holds 9.61 per cent stake in Sun Pharma, had bought shares when Daiichi Sankyo exited from the Indian firm.
On April 22, 2015 08:46 (IST)
The Nifty is likely to open lower on Wednesday tracking lacklustre cues from the global markets. Foreign investors bought shares worth Rs 17,489 crore on Tuesday, but this amount includes purchases of Sun Pharma shares sold by Japan's Daiichi Sankyo,...
On April 21, 2015 21:34 (IST)
Daiichi which had forayed into the Indian pharmaceutical market by buying a majority stake in Ranbaxy Laboratories in 2008 for Rs 22,000 crore, today sold over 21 crore shares in Sun Pharma.
On April 21, 2015 09:45 (IST)
Shares of Sun Pharmaceutical Industries slumped over 10 per cent to hit intraday low of Rs 938 after Daichi Sankyo planned to sell 8.9 per cent stake in Sun Pharma.
On April 21, 2015 12:13 (IST)
Japan's Daiichi Sankyo Company Ltd is selling shares worth up to $3.6 billion in Sun Pharmaceutical Industries.
On April 09, 2015 14:28 (IST)
Shares of Sun Pharma fell nearly 4 per cent to hit low of Rs 1,116 after Bank of America Merill Lynch downgraded the stock to 'underperform' from 'buy'.
On March 25, 2015 14:40 (IST)
Shares have retreated since hitting record highs early this month, as analysts warned about waning momentum and low trading volumes ahead of the end of the fiscal year at the end of March.
On March 24, 2015 16:20 (IST)
Sun Pharmaceutical Industries has received approval from the Reserve Bank of India (RBI) for transfer of overseas investments of Ranbaxy to it and issue its shares to the non-resident shareholders of the latter as part of the $4-billion merger deal b...
On March 24, 2015 16:34 (IST)
The Nifty opened flat on Tuesday. However, sentiment is likely to be positive as both foreign and domestic investors turned net buyers of Indian equities on Monday. Foreign investors bought shares worth Rs 417 crore while, domestic investors were net...
On March 10, 2015 16:35 (IST)
The trading volumes in the month so far has been very high; on Monday as many as 6 million shares of SPARC changed hands on the BSE.
On March 05, 2015 11:05 (IST)
Pharmaceuticals tycoon Dilip Shanghvi has surpassed Mukesh Ambani as the world's richest Indian with a net worth of $21.5 billion (Rs 1.33 lakh crore at 1 dollar = 62 rupees) - within two days of the Reliance Industries chief being ranked India's wea...
On February 26, 2015 16:51 (IST)
Shares in Wockhardt Ltd fell as much as 5.3 per cent on Thursday after the drug maker said the US Food and Drug Administration (FDA) had raised fresh concerns about a plant already banned from exporting to the United States over quality issues.
On February 16, 2015 17:06 (IST)
Shares in Suzlon Energy jumped over 18 per cent on Monday after the debt-laden turbine maker got an investor in the form of Sun Pharma's billionaire promoter Dilip Shanghvi.
On February 05, 2015 08:06 (IST)
Sun Pharma founder Dilip Shanghvi's mother Kumud has gifted nearly 31 lakh shares in the drugmaker to her daughter-in-law Vibha, according to a regulatory filing on the Bombay Stock Exchange. The transfer took place on January 30 and is valued at Rs ...
On February 02, 2015 10:35 (IST)
Shares of Sun Pharma jumped as much as 3 per cent to a hit new 52-week high of Rs 943. Ranbaxy also jumped as much as 3.6 per cent to hit its new 52-week high of Rs 728.
On January 02, 2015 15:03 (IST)
The Nifty opened higher on Friday as indicated by futures trade on Singapore Stock Exchange. Both foreign and domestic investors turned net buyers of Indian equities on Thursday but with low intensity. Foreign investors bought shares worth Rs 18 cror...
On December 12, 2014 12:10 (IST)
Shares in oil explorers continued to drag the benchmark indices further. Cairn India fell nearly 3 per cent, while ONGC was down over 2 per cent amid margin concerns on account of falling crude oil prices. GAIL India slumped nearly 4 per cent to be t...
On December 09, 2014 15:23 (IST)
Market breadth turned negative as 920 stocks out of the 2,751 shares traded on BSE advanced and 1,738 stocks declined.
On December 09, 2014 18:01 (IST)
The Nifty opened lower on Tuesday tracking a sell-off in the global market. However Brent crude price, which fell to a fresh five-year low, is likely to keep sentiments positive today. Foreign investors remained net buyers to the tune of Rs 4,985 cro...