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Nirma to tap into own funds, debt to buy Glenmark Life Sciences

Detergent to chemicals major Nirma Ltd is planning to tap into its own funds and raise debt to fund its Rs 5,652 crore acquisition of Glenmark Life Sciences. The firm has roped in BCG and KPMG to......

Cipla on the block: Who's a better fit and what it means for shareholders?

India’s third-largest pharmaceutical company by revenue, Cipla, is up for grabs in a three-way fight between Torrent Pharmaceuticals, Dr Reddy’s Laboratories (DRL) and private equity......

Zomato stock rally may show signs of exhaustion from here on: Analysts

India's first-ever listed new-age company, Zomato, has seen a meteoric rise in its stock price in calendar year 2023 (CY23), rising 70.75 per cent during this period as compared to 9.5 per cent......

Sentiment turns stronger for steel stocks

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. Photograph: Babu/Reuters First, there was a sharp price rise due to fears of......

Oyo's India CEO, Europe head resign ahead of IPO

IPO-bound hospitality major Oyo's India chief executive officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned. Photograph: Anushree Fadnavis/Reuters A company......

Son of former Qatari PM bids for Manchester United

IMAGE: The Qatari bid is one of multiple offers Manchester United have already received. The club's current majority owners, the Glazer family, are seeking a valuation as high as 7 billion pounds......

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