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...
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.