On November 14, 2014 09:20 (IST)
The Nifty opened higher on Friday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to remain net buyers of Indian equities as they had bought shares worth Rs 691 crore in cash market in Thursday. However domestic...
On November 13, 2014 09:16 (IST)
The Nifty opened higher on Thursday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to be net buyers of Indian equities as they have bought shares worth Rs 459 crore in cash market on Wednesday. However domestic...
On November 07, 2014 13:05 (IST)
Analysts had expected generic Nexium to contribute about $150 million to Ranbaxy's sales in the first six months of the exclusive sales period, while Valcyte was expected to contribute between $40 million and $50 million.
On November 07, 2014 11:21 (IST)
The Nifty opened lower on Friday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to remain net buyers of Indian equities on Wednesday as they had bought shares worth Rs 1,031 crore in the cash market. However do...
On November 03, 2014 16:25 (IST)
As the record stock market rally continues, the value of shares directly owned by next-generation business leaders at 20 major corporate houses has soared over 18 per cent to Rs 17,000 crore so far this year.
On September 29, 2014 10:26 (IST)
Sun Pharma gained over 4 per cent on Friday with around 185 per cent jump in its delivery volume to 48.19 lakh shares. Total volume in the stock also increased 236 per cent over its last ten day's average volume to 1 crore shares on Friday.
On September 24, 2014 11:34 (IST)
NPPA had capped prices of 108 non-essential drugs in July to improve its affordability, but the decision was greeted with protests and has been challenged in courts in India as prices of generic drugs are already low in India compared with other mark...
On September 12, 2014 11:06 (IST)
According to reports, the drugmaker's US subsidiary Taro has recalled a blood clot drug because it reportedly did not meet US Food and Drug Administration standards.
On September 11, 2014 11:10 (IST)
The move was likely triggered by increased drug recalls from the Halol plant, analysts say. Other analysts said an inspection was due because the US regulator had last visited the Halol plant in September 2012.
On August 21, 2014 14:12 (IST)
Pharma shares which were the market leader on Wednesday witness some profit booking today. The pharma sub-index of National Stock Exchange was down 0.7 per cent. Dr. Reddy's Lab fell 1.86 per cent whereas Lupin and Sun Pharma were down around 1 per c...
On August 20, 2014 14:24 (IST)
Ranbaxy Laboratories was up 4 per cent, while Sun Pharmaceutical Industries gained 4.2 per cent after marking an all-time high of Rs 839.
On August 20, 2014 12:27 (IST)
Shares in Dena bank and Oriental Bank of Commerce (OBC) fell as low as 5 per cent on reports that Mumbai-based branches of these banks have misappropriated funds to the tune of Rs. 436 crore.
On August 12, 2014 08:58 (IST)
The Nifty is likely to open higher on Tuesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors remained net sellers of Indian equities to the tune of Rs 163 crore whereas domestic investors bought shares worth Rs 234 crore...
On June 27, 2014 18:26 (IST)
Broader gains were however capped as Asian shares were mostly in the red on Friday, weighed down by a weak performance on Wall Street and doubts about the strength of the US economy, which pushed bonds higher.
On June 24, 2014 09:22 (IST)
The Nifty opened higher on Tuesday. Foreign investors sold Indian equities worth Rs 214 crore on Monday, while domestic investors bought shares worth Rs 117 crore. The Nifty fell for a fourth straight session on Monday, marking its lowest close in 2-...
On May 26, 2014 10:38 (IST)
The Andhra Pradesh High Court last month ordered an "interim status quo" on the deal, pending a decision on a petition for a probe into alleged insider trading. The petition was filed in late April by two individuals who requested that the court ask ...
On May 05, 2014 18:30 (IST)
Sun Pharma said it had "no access to non-public information of Ranbaxy" when its unit Silverstreet bought shares in Ranbaxy.
On April 30, 2014 10:16 (IST)
Ranbaxy shares fell as much as 3.7 per cent in early trade on Wednesday, while shares in Sun Pharma fell as much as 2.7 per cent on the back of the decision from Andhra Pradesh High Court to maintain interim status quo on the Sun Pharma-Ranbaxy merge...
On April 29, 2014 17:14 (IST)
The petitioners alleged that there was heavy trading of Ranbaxy stock before the merger with Sun Pharma was announced on April 6, and requested the court to direct the SEBI to investigate the insider trading of Ranbaxy shares and take appropriate act...