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PHARMACEUTICAL COMPANIES CLOSURE
Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...- India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
- Why stock market crashed today? Sensex sinks 1,100 points, Nifty below 23,550. 4 key factorsIndian stock markets experienced a sharp downturn Friday, with Sensex and Nifty falling significantly due to persistent foreign investor se...
- Sensex rises 220 points, Nifty nears 24,000 on Iran-US ceasefire extension reportsIndian stock markets opened muted but recovered on Thursday morning. Investors assessed Middle East political developments. Declining oil p...
- Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
- West Asia crisis may soon make everyday goods costlier in IndiaIndia faces a looming price hike on everyday goods as global commodity costs surge due to the West Asia conflict. Manufacturers are absorbi...
- West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
- PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...
- Sensex surges over 800 points to cross 75,400; Nifty above 23,650 despite weak rupeeIn a recent turn of fortunes, Indian stock markets experienced a notable rise for the second consecutive day. On Thursday, both the Sensex ...
- Why US stock market Dow Jones, S&P 500 and Nasdaq are surging big today: Dow jumps 350 points, Nasdaq jumps 250 points as Intel hits all-time high driving the rallyUS stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Ave...
- Crude shock temporary; pharma and EMS are the real bets: Abhay AgarwalGeopolitical fears are driving crude oil prices higher, but Piper Serica's Abhay Agarwal believes this is a temporary, sentiment-driven spi...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 26%Despite the US and Iran failing to reach an agreement over the weekend, the street is not entirely in a bearish mood. Market breadth is not...
- Small pharma firms may face closure as regulator tightens quality checksMany small drug makers face closure as regulators inspect facilities for quality standards. Thousands of plants may shut down if upgrades a...
- Cabinet okays Rs 330 crore loan to 3 pharma PSUs for clearing staff liabilitiesOf the Rs 330.35 crore, Rs 158.35 crore will be utilised to clear unpaid salary and Rs 172 crore for meeting the VRS liability.
- Sun Pharma completes divestment of 7 brands to RPGThis has been done after receiving approval of the Competition Commission of India and completion of all the necessary formalities for clos...
- JB Chemicals to move higher judiciary against NGT orderJB Chemicals and Pharmaceuticals plans to appeal the orders passed by National Green Tribunal against the company's Panoli bulk drugs plant...
- JB Chemicals to file review plea in NGT against plant closureConsequently, the NGT had also directed the company to close down the activities at the said plant within four weeks.
- Aurobindo Pharma planning to challenge SPCB orderAurobindo Pharma which has been served notice to shut down its facilities by Andhra Pradesh Pollution Control Board for allegedly violating...
- Piramal Healthcare falls on closure of UK unitShares of Piramal Healthcare took a beating after the pharmaceutical major announced its plans to shut down one of its manufacturing units ...
- Caps & closures: It's just the beginningSmall in size and cost, multi-coloured, simple and yet complex, caps and closures are vital ingredients used by the packaging industry.
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