Suzlon Energy rights issue to open tomorrow; stock up 2%As part of the rights issue, the company will issue of 240 crore partly paid-up equity shares of face value of Rs 2 each for cash at a pric...
10 Oct, 2022, 04.07 PM IST
Shareholders not disadvantaged in transactions with Aditya Medisales: Sun PharmaShanghvi was responding to the concern raised by some investors whether Aditya Medisales has benefited in the past at the cost of Sun Pharm...
13 Feb, 2019, 02.45 PM IST
Reliance's Mukesh Ambani earned Rs 300 crore per day over last one yearAmbani holds the top position for a 7th year on over 45% rise in shares of Reliance.
25 Sep, 2018, 06.27 PM IST
Sacked employees paid off a lump sum will now have to pay tax on compensation receivedSection 28 (ii) of the I-T Act taxes certain compensations received by any person for any change in terms or termination of agency, mgmt of...
03 Feb, 2018, 07.16 AM IST
‘Global gamechanger’ Mukesh Ambani adds $7 billion wealth in just 5 monthsAmbani’s wealth has risen to $29.9 billion, up $7.10 billion from what it was on Dec 31.
17 May, 2017, 04.51 PM IST
USFDA report on Halol unit to be positive in long-term: SunThe company's Halol facility recently underwent an inspection by the US Food and Drug Administration (USFDA).
19 Dec, 2016, 10.25 PM IST
With RBI issuing licence to Ambit-JC Flowers JV, expect things to get better on bad loan frontThe non-performing loans, or accounts where borrowers have missed their repayments on due date, touched a 12-year high of 7.6% of loan book...
06 Dec, 2016, 12.09 PM IST
With no floor defined, your deposit may draw tax noticeA depositor receiving a notice has to explain the source of cash. The changes in the law were brought about to tax unexplained cash deposit...
01 Dec, 2016, 11.29 AM IST
Cholamandalam pulls out of payments banks raceThe company operates through 534 branches with net asset under management being around Rs 25,000 crore, as per their website.
24 Mar, 2016, 02.16 PM IST
Sun Pharma stock slumps 7%, SPARC 6%Shares of Sun Pharma and SPARC took a beating in Monday’s trade, falling as much as 7%, after the US FDA issued a warning letter to former’...
21 Dec, 2015, 10.29 AM IST
Going by market value, Sun Pharma's Dilip Shanghvi is richest IndianIf one adds the 23% stake in wind energy major Suzlon, that Shanghvi and his family is in the process of acquiring, his wealth would be nea...
20 Feb, 2015, 10.11 AM IST
Suzlon's Q3 net loss widens to Rs 6,538 croreLast month, the company had sold Senvion to Centrebridge Partners LP for Rs 7,200 crore as part of its strategy to hive off non-core busine...
14 Feb, 2015, 03.03 PM IST
Top 5 richest Indians, led by Mukesh Ambani, have half of nation's billionaires' wealthAccording to the analysis, Mukesh Ambani remains the richest man in the country with an estimated net worth of $24.4 billion.
13 Aug, 2014, 03.01 PM IST
- Sun asks Taro investors to vote against board
Drug maker Sun Pharmaceutical Industries has asked the shareholders of Israel’s Taro Pharmaceuticals to vote against election of directors ...
19 Dec, 2009, 12.23 AM IST
- Taro sues Sun Pharma for trying to block Irish arm sale
Taro has also cautioned its investors against selling its shares to Sun Pharma, which holds 34.4% stake in the company.
21 Jun, 2008, 12.07 AM IST
- Sun Pharma threatens to take legal action against Taro
Sun Pharma today threatened to take legal action against Israel-based Taro Pharmaceuticals, which terminated the 454-million-dollars merger...
29 May, 2008, 03.49 PM IST
- Sun Pharma to invest $60-70 mn in research ops
Mumbai-based drug firm Sun Pharma is planning to hive-off its research operations into a separate entity.
18 Mar, 2007, 05.00 PM IST