GlaxoSmithKline back on health track

GlaxoSmithKline Consumer has a knack of springing surprises.It posted a healthy volume growth of about nine per cent in the December 2012 quarter when most other packaged foods companies struggled......

GSK raises stake in Indian arm to 72.5%

Drug major GlaxoSmithKline Plc (GSK) has increased stake in its Indian subsidiary GlaxoSmithKline Consumer Healthcare Ltd to 72.5 per cent in a transaction worth Rs 4,800 crore (Rs 48 billion).In a......

FIs turn down Glaxo's open-offer price

Financial institutions, led by Life Insurance Corporation, have declined to participate in the open offer made by GlaxoSmithKline (GSK) for its Indian subsidiary GlaxoSmithKline Consumer......

GSK to spend $904 mn to lift stake in India arm

London-based GlaxoSmithKline on Monday announced a $940-million (Rs 5,220-crore) open offer to raise its stake in its consumer products company in India - GlaxoSmithKline Consumer Healthcare - from......