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Cipla to pay $26 mn upfront for 51% stake in Ugandan firm

Jul 24, 2015

Cipla to pay $26 mn upfront for 51% stake in Ugandan firm

In May, Cipla had inked a pact with Quality Chemicals Ltd (QCL) to acquire majority stake in it for a total consideration of over $30 million (around Rs 190 crore). #Business #Cipla #CompanyWatch #Quality Chemicals
India scraps import duties on AIDS drugs to battle shortage in Naco efforts

Jun 11, 2015

India scraps import duties on AIDS drugs to battle shortage in Naco efforts

Government officials have previously said about a lack of participation by local drugmakers in the tenders floated by the Naco to procure drugs. #Health #HIV #Cipla #AIDS #PolicyWatch #Aurobindo Pharma #Mylan #NACO #BB Rewari #Antiretrovirals
Sensex goes downhill amid poor ITC earnings, falls 313 points on Fed fears

May 25, 2015

Sensex goes downhill amid poor ITC earnings, falls 313 points on Fed fears

ITC on Friday reported a modest 3.65 percent rise in standalone net profit at Rs 2,361.18 crore for the fourth quarter ended March 2015. #Sensex #Tata Steel #Tata Motors #coal india #SBI #HDFC #GAIL #Cipla #Federal Reserve #ITC #MarketClose #Dr Reddy's Lab
Sensex ends flat, market cautious on Q4 earning numbers

May 21, 2015

Sensex ends flat, market cautious on Q4 earning numbers

Total market breadth turned negative as 1,507 stocks closed lower, 1,184 finished higher and 130 ruled steady. #Sensex #ICICI Bank #State Bank of India #SBI #HDFC #Vedanta #BSE #Cipla #Maruti Suzuki #ITC #MarketClose
Sensex wipes out early gains, falls 155 points over shaky blue chip shares

Apr 23, 2015

Sensex wipes out early gains, falls 155 points over shaky blue chip shares

Muted earning numbers, forecast of a below-normal monsoon and fading hopes of a rate cut by the Reserve Bank weighed on sentiments, brokers said. #Sensex #Hindalco #Bharti Airtel #Tata Steel #TCS #nifty #Bajaj Auto #coal india #Tata Power #Arun Jaitley #Cipla #BHEL #MarketClose #Sesa Sterlite #GST Bill #Jayant Sinha
Sensex, Nifty nosedive to over 3-week low on tax issue concerns

Apr 20, 2015

Sensex, Nifty nosedive to over 3-week low on tax issue concerns

Sectorwise, the BSE realty index suffered the most by losing 2.78 percent, followed by FMCG 2.71 percent, capital goods 2.17 percent, IT 2.08 percent, power 2.04 percent and oil and gas 1.91 percent. #Sensex #nifty #Dr Reddy's #HDFC #BSE #Cipla #Axis Bank #RIL #Hero MotoCorp #MarketClose