News for 'Biocon'

IN PICS: How Kiran Mazumdar Shaw founded Biocon

IN PICS: How Kiran Mazumdar Shaw founded Biocon

Rediff.com25 Nov 2014

The entrepreneur reveals interesting nuggets about her life and career.

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Rediff.com19 Dec 2022

Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced last year. The acquisition by the Adani group across cement, media and ports dominated the headlines with the conglomerate making its foray into the cement sector by buying Swiss materials firm Holcim's stake in Ambuja Cements for $6.5 billion. The Adani family's additional $4-billion open offer for Ambuja did not get a response because shareholders preferred to stay invested with the new owner.

Are Markets In An Oversold Zone?

Are Markets In An Oversold Zone?

Rediff.com8 Nov 2023

'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.'

Biocon chief on why India's varsities aren't 'global'

Biocon chief on why India's varsities aren't 'global'

Rediff.com18 Mar 2014

In an interview with Business Standard, Mazumdar-Shaw spells out her plans for the institution over coming years.

ASK SAMRAAT: Buy, hold or sell?

ASK SAMRAAT: Buy, hold or sell?

Rediff.com4 May 2023

Invest in quality companies that make profits, advises stock market expert and rediffGURU Samraat Jadhav.

Karnataka Felicitates President Murmu

Karnataka Felicitates President Murmu

Rediff.com28 Sep 2022

On her first visit to any state in the Indian Union after being sworn in as President of the Republic, Rashtrapati Droupadi Murmu was felicitated in Bengaluru by some of that city's luminaries.

Bengaluru doc ditches car in traffic, runs to perform surgery

Bengaluru doc ditches car in traffic, runs to perform surgery

Rediff.com12 Sep 2022

A video of a doctor, caught in Bengaluru's notorious traffic and running to hospital to perform a surgery after abandoning his car midway, has gone viral on social media.

Itolizumab, new drug for COVID-19 patients to cost Rs 8,000 per vial

Itolizumab, new drug for COVID-19 patients to cost Rs 8,000 per vial

Rediff.com13 Jul 2020

The company has received approval from the Drugs Controller General of India (DCGI) to market Itolizumab injection 25mg/5mL solution for emergency use in India for the treatment of cytokine release syndrome in moderate to severe acute respiratory distress syndrome (ARDS) due to COVID-19.

India business to put a spring in pharma's step

India business to put a spring in pharma's step

Rediff.com26 Apr 2023

Hospitals to recover from sluggish Q3; diagnostics' growth rate at pre-Covid levels.

Tata, Mahindra, Musk get Christmassy!

Tata, Mahindra, Musk get Christmassy!

Rediff.com27 Dec 2021

How the business world celebrated Christmas!

ASK AJIT: Stocks To Buy, Hold, Sell

ASK AJIT: Stocks To Buy, Hold, Sell

Rediff.com11 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.

Is my portfolio good?'

Is my portfolio good?'

Rediff.com31 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Resolve growing religious divide, says Kiran Mazumdar-Shaw, BJP hits back

Resolve growing religious divide, says Kiran Mazumdar-Shaw, BJP hits back

Rediff.com31 Mar 2022

"Karnataka has always forged inclusive economic development and we must not allow such communal exclusion- If ITBT became communal it would destroy our global leadership. @BSBommai please resolve this growing religious divide," Mazumdar-Shaw said.

Women Leaders: A Way To IPO Success?

Women Leaders: A Way To IPO Success?

Rediff.com10 Jan 2023

Indian society may be more advanced than we think it is, notes Ajit Balakrishnan.

New-age firms make it to Amfi's large-cap list

New-age firms make it to Amfi's large-cap list

Rediff.com7 Jan 2022

Start-ups Zomato, PB Fintech, One97 Communications, and FSN E-Commerce Ventures have entered the large-cap category after the latest reclassification exercise by the Association of Mutual funds in India (Amfi). This comes despite stocks such as PB Fintech (Policybazaar) and One 97 Communication (Paytm) trading below their issue price. Others such as Mindtree, SRF, IRCTC, Tata Power, JSW Energy have been moved from mid-cap to large-cap category.

Agnipath has large job potential: India Inc

Agnipath has large job potential: India Inc

Rediff.com20 Jun 2022

Industry leaders, including Mahindra Group chairman Anand Mahindra, RPG Enterprises chairman Harsh Goenka and Biocon Ltd chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate sector. Mahindra also expressed dismay over the violence against the scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. The Agnipath scheme, announced on June 14, provides for the recruitment of youths between the age bracket of 17-and-half years to 21 for only four years with a provision to retain 25 per cent of them for 15 more years.

India's richest club sees nine new entrants; Ambani still No 1

India's richest club sees nine new entrants; Ambani still No 1

Rediff.com9 Oct 2020

Half of the nation's 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes. Forbes released 2020's top 100 richest Indians on Thursday, which included newcomers, Sanjeev Bikhchandani, co-founder of Info Edge (India), who owns popular job and property websites; siblings Nithin and Nikhil Kamath, co-founders of discount stock brokerage Zerodha Broking, and three specialty chemicals producers - Vinod Saraf, founder of Vinati Organics, Arun Bharat Ram, the patriarch of SRF, and brothers Chandrakant and Rajendra Gogri of Aarti Industries. Other newcomers included Delhi-based brothers Ramesh Kumar and Mukand Lal Dua of Relaxo Footwears, which owns affordable footwear brands; dairyman, R G Chandramogan of Hatsun Agro; Premchand Godha, who chairs IPCA Laboratories, manufacturing formulations, bulk drugs and drug intermediates; G Rajendran, founder of jewellery chain, GRT Jewellers.

Big drugmakers step in to develop, import test kits

Big drugmakers step in to develop, import test kits

Rediff.com20 Apr 2020

Cadila, Biocon developing rapid antibody testing kits; Eris, Mylan, Gland importing. There are two kinds of testing for the novel coronavirus - the real-time polymerase chain reaction test kit that uses throat or nasal swabs and provides results in a few hours, and the other is antibody-based rapid testing kit that use blood samples and provides results in a few minutes.

ASK AJIT: 'Want to invest Rs 10 lakh'

ASK AJIT: 'Want to invest Rs 10 lakh'

Rediff.com9 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

India's rich club grows to 1,103; Zepto's Kaivalya youngest in Hurun list

India's rich club grows to 1,103; Zepto's Kaivalya youngest in Hurun list

Rediff.com22 Sep 2022

One hundred and forty nine new individuals joined the rich list club of 1,103 Indians across 122 cities who cumulatively accumulated a wealth of Rs 100 trillion. Bengaluru -based Kaivalya Vohra, 19, of grocery delivery application Zepto is the youngest self-made and the youngest rich individual, according to IIFL Wealth Hurun India Rich List 2022. The report found 1,103 Indians with a networth of Rs 1,000 crore each - an increase of 62 per cent over five years. There are 221 billionaires (Rs 100 crore networth) in India on the 2022 list - down 16 compared with last year, while 13 people born in the 1990s made it to the list, all self-made.

Drug controller okays Psoriasis injection for COVID-19 patients

Drug controller okays Psoriasis injection for COVID-19 patients

Rediff.com11 Jul 2020

Written informed consent of each patient is required before the use of this drug, he said

Sitharaman breaks into Forbes 100 powerful women list

Sitharaman breaks into Forbes 100 powerful women list

Rediff.com13 Dec 2019

Sitharaman, a newcomer on the Forbes most powerful women list, is ranked 34th. The Forbes 2019 list of 'The World's 100 Most Powerful Women' has been topped by German Chancellor Angela Merkel, followed by President of the European Central Bank Christine Lagarde in the second spot and Speaker of the US House of Representatives Nancy Pelosi, ranked third. Also on the list is Bangladesh Prime Minister Sheikh Hasina (29).

ASK AJIT: Stocks to Buy, Hold, Sell

ASK AJIT: Stocks to Buy, Hold, Sell

Rediff.com28 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Will Biocon's new cancer drug succeed?

Will Biocon's new cancer drug succeed?

Rediff.com12 Apr 2006

An Indian Biotech Company that is testing a novel anti-cancer drug on patients in Bangalore says it is not alarmed by the London trial where the use of a similar class of drug led to disastrous results.

India's Covid testing data is a black hole

India's Covid testing data is a black hole

Rediff.com24 Jan 2022

'In the earlier waves, doubling of cases was happening at an interval of 4-6 days.' 'But in the case of omicron the doubling time we are seeing is in the range of 2-4 days.'

At $30.3 bn, M&As hit 4-year high in March quarter

At $30.3 bn, M&As hit 4-year high in March quarter

Rediff.com11 Apr 2022

Mergers & acquisitions started off on a strong footing, hitting a four-year high at $30.3 billion in the first quarter of 2022, bucking the global trend where deal-making fell sharply, says a report. Deal activity grew by 5.6 per cent in value terms in January-March 2022 compared to the first quarter of 2021, making it the highest first-quarter period since 2018 when it was $31.1 billion. In volume terms, the M&A activity grew 29.6 per cent in the first quarter of 2022, making it the best-ever quarterly number, according to the M&A numbers collated by Refinitiv, an LSEG business, which is among the world's largest providers of financial markets data and infrastructure. M&As involving domestic companies stood at $23.7 billion, down 8.3 per cent on year.

'No preparedness planning, no accountability, no action plan'

'No preparedness planning, no accountability, no action plan'

Rediff.com8 May 2021

'This government did not have any plan for safety stocks of essential medicines.'

Anil Ambani, Vinod Adani, Sachin Tendulkar, Kiran Mazumdar-Shaw named in Pandora Papers

Anil Ambani, Vinod Adani, Sachin Tendulkar, Kiran Mazumdar-Shaw named in Pandora Papers

Rediff.com4 Oct 2021

"Tendulkar's attorney said the cricket player's investment is legitimate and has been declared to tax authorities. Shakira's attorney said the singer declared her companies, which the attorney said do not provide tax advantages. Schiffer's representatives said the supermodel correctly pays her taxes in the UK, where she lives," it notes.

India Inc lines up as demand for rapid testing for coronavirus grows

India Inc lines up as demand for rapid testing for coronavirus grows

Rediff.com3 Apr 2020

The test used now, called PCR (or polymerace chain reaction), uses a nasal or throat swab sample and identifies the virus. These tests take at least five hours to give results. The rapid test, on the other hand, uses a blood sample and gives results based on detecting the presence of certain antibodies that react to the coronavirus protein.

Multi-agency group to probe Indian names in 'Pandora Papers'

Multi-agency group to probe Indian names in 'Pandora Papers'

Rediff.com4 Oct 2021

The government will investigate every Indian name appearing in an unprecedented leak of financial records, known as the 'Pandora Papers', which alleged that many world leaders have secret offshore stores of wealth.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

ASK AJIT: Stocks You Must Exit

ASK AJIT: Stocks You Must Exit

Rediff.com31 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Noted economist Dr Isher Judge Ahluwalia passes away

Noted economist Dr Isher Judge Ahluwalia passes away

Rediff.com26 Sep 2020

Ahluwalia was married to former deputy chairperson of Planning Commission Montek Singh Ahluwalia and is survived by her husband and two sons.

ASK AJIT: 'Should I HOLD these stocks?'

ASK AJIT: 'Should I HOLD these stocks?'

Rediff.com24 Sep 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

MUST READ: Failure lessons from Kiran Mazumdar's life

MUST READ: Failure lessons from Kiran Mazumdar's life

Rediff.com18 Sep 2013

Learn how the founder of India's first and largest biotechnology company dealt with failure and achieved success.

Ask Ajit: Stocks to BUY, HOLD, SELL

Ask Ajit: Stocks to BUY, HOLD, SELL

Rediff.com27 Jul 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Only four women among India's 100 richest

Only four women among India's 100 richest

Rediff.com26 Sep 2014

The four women have a collective wealth of $11.3 billion and account for a little more than three per cent of the total net worth of all on the coveted list whose collective wealth amount to $346 billion.

Pfizer, Bicon scrap insulin deal

Pfizer, Bicon scrap insulin deal

Rediff.com13 Mar 2012

US-based drugmaker Pfizer and Indian biotechnology major Bicon today said they have agreed to end their alliance to sell insulin and insulin analog products made by the Indian company.

Covid: India's rich list swells; Ambani, Adani become wealthier

Covid: India's rich list swells; Ambani, Adani become wealthier

Rediff.com2 Mar 2021

Forty Indians entered the billionaires' club in the pandemic-stricken 2020 to take the number of those in the coveted list to 177 people, a report said on Tuesday. Mukesh Ambani continued to be the wealthiest Indian with a networth of $83 billion. The head of Reliance Industries witnessed a 24 per cent jump in fortunes and climbed up one spot to be the eighth richest globally, as per the Hurun Global Rich List. Gautam Adani from Gujarat, who has had a spectacular rise in fortunes in the last few years, saw his wealth almost doubling to $32 billion in 2020 and climbed 20 places to be the 48th richest person globally and the second wealthiest Indian.