Glenmark Pharma has attracted significant investor attention following a major licensing deal between its subsidiary and global pharmaceutical company AbbVie. The subsidiary has licensed a promising cancer drug to AbbVie for an upfront payment of $700 million, [...]
In a significant development within the automotive sector, M&M has announced an open offer to acquire a substantial stake in SML Isuzu. This move is closely watched by investors amid the ongoing consolidation trends in the industry. [...]
Tata Consultancy Services (TCS) has announced its Q1 financial results, reporting a 4% increase in net profit compared to the previous year, aligning with market expectations. Despite this profit growth, the company's revenue experienced a slight decline [...]
The Indian government has announced its intention to sell a minority stake in Life Insurance Corporation (LIC) through the Offer for Sale (OFS) mechanism. This move is part of the government's ongoing efforts to divest stakes in [...]
Ola Electric's shares recently dropped to a fresh record low following a substantial block deal involving 1.29 million shares. This significant trading activity reflects ongoing volatility in the company's stock, as investors respond to broader market conditions [...]
Smartworks Coworking Spaces has recently opened its Initial Public Offering (IPO), garnering notable attention with a Grey Market Premium (GMP) of around 6%. This upbeat indication in the grey market has stirred curiosity among investors about whether [...]
Religare Enterprises shares have shown extended gains as investors anticipate the upcoming board meeting that will focus on a potential fundraise. The stock surged in response to positive market sentiment around the company’s strategic funding plans. Market [...]
The Nifty Pharma index witnessed a decline of 1.05% as the stock market experienced a generally weak and volatile trading session. Investors remained cautious, reacting to a mix of global cues and sector-specific factors that influenced market [...]
The much-anticipated initial public offering (IPO) of Smartworks Coworking has officially opened today, drawing significant attention from investors amid a volatile market backdrop influenced by global cues and varying sector performances. Smartworks, a prominent player in the [...]
Odisha has emerged as the top contributor to the District Mineral Foundation (DMF) collections in India, amassing an impressive ₹31,324 crore. This remarkable figure underscores the state's prominent role in mineral production and the successful implementation of [...]